Palantir, London Mayor Resolve Court Proceedings

MT newswire2026/10/14 14:57

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10:57 AM EDT, 10/14/2026 (MT Newswires) -- Palantir Technologies (PLTR) and the London Mayor's Office for Policing and Crime have resolved their High Court proceedings and have each withdrawn their allegations against the other in their pleadings, the mayor's office said Wednesday. Palantir had brought a claim against the MOPAC in June after the mayor's office refused to approve its $65.9 million contract with the Metropolitan Police for the provision of data analysis and artificial intelligence services, according to media reports. Palantir didn't immediately reply to a request for comment from MT Newswires. Price: 206.85, Change: -1.82, Percent Change: -0.87

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Christopher Kent, Assistant Governor of the Reserve Bank of Australia (RBA), stated that the Australian labor market is showing signs of cooling faster than the central bank had anticipated. This highlights the dilemma faced by policymakers: striving to curb inflation while also preserving the gains already achieved in the job market.

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