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Stock markets fall and oil jumps as Middle East conflict intensifies and AI boom falters – business live

Rolling coverage of the latest economic and financial news, as South Korea’s KOSPI index slumps by 8%UK companies opting to hire temporary workers over permanent staff, recruitment firms sayBritain’s jobs market cooled rapidly in May after employers cut back on hiring permanent staff, a survey this morning shows. The monthly Report on Jobs from accountants KPMG and the Recruitment and Employment Confederation, a trade body, showed permanent job placements fell at the fastest pace since July...

The Guardian Business 2d ago

Missed DDA's booking deadline? Buyers for Karkardooma property get another extension

Missed the deadline to book a flat in Delhi's tallest residential tower? The Delhi Development Authority (DDA) has offered homebuyers another chance, extending the booking period for flats under its 'DDA Towering Heights' scheme in East Delhi's Karkardooma till June 30. According to an official order issued on Thursday, bookings under the scheme will now remain open until June 30.

Times of India 4d ago

Planning to buy a DDA flat? How the allotment process works and key FAQs answered

Thinking of owning a home in Delhi through a DDA scheme? Here’s a simple guide to help you understand the application process, eligibility, and key details you should know before applying. The Delhi Development Authority (DDA) is a statutory body responsible for the planned development of Delhi, including housing, land management, and urban infrastructure.

Times of India 5d ago

The desperation of NYTimes

The Desperation of NYTimes I recently got suckered into subscribing to NYTimes because I wanted to read an article behind a paywall and I couldn't find an easy and quick alternative. I didn't mind the $2.00 a month. But I took offense to what happened after I paid.

Hacker News 6d ago

Unemployment falls to lowest since May 2007 as employment hits record high in Spain

The start of the summer season boosts the labour market: jobless total falls by 36,323, Social Security gains nearly 232,000 members, with hospitality driving job creation. The labour market improved again in May, a month traditionally marked by the start of hiring linked to the summer season. The number of people registered with employment offices fell by 36,323 compared with April, to 2.32 million, the lowest figure for a month of May since 2007, according to data published on Tuesday by...

Euronews 8d ago

Unemployment falls to 2.32 million in May as employment hits record 22.3 million

With the start of the summer season, the labour market picks up: unemployment falls by 36,323 people and social security gains almost 232,000 members, with hospitality leading job creation. The labour market improved again in May, a month traditionally marked by the start of hiring for the summer season. The number of people registered with public employment offices fell by 36,323 compared with April, to 2.32 million, the lowest figure for a month of May since 2007, according to data...

Euronews 8d ago

Even Meta's Oversight Board thinks its rules for banning accounts are baffling

Even Meta's Oversight Board thinks its rules for banning accounts are baffling The group has "due process concerns" over how the company handles account bans. Over the last five years, Meta's Oversight Board has weighed in on everything from Donald Trump's Facebook suspension to AI deepfakes. Now the board is wading into another thorny issue: Meta's rules for disabling users' accounts.

Engadget 6d ago

What Trump's Green Card changes mean for millions of Indians seeking permanent residency in US

"An alien who is in the US temporarily and wants a Green Card" must return to their home country to apply, except in extraordinary circumstances, the US Citizenship and Immigration Services (USCIS) announced last week. Though the word "alien" in the announcement may have sounded routine in immigration law, but for hundreds of thousands of immigrants waiting for permanent residency, the message triggered immediate panic. For decades, one of the biggest attractions of the US immigration system...

Times of India 6d ago