Oilfield services provider Flowco shows revenue surge in US IPO filing

(Reuters) -Oilfield services provider Flowco showed a surge in revenue when it filed paperwork for a U.S. initial public offering on Friday, becoming the latest to capitalize on a recent revival in investor appetite for newly listed stocks. The U.S. IPO market, which had largely avoided large deals for nearly three years, is experiencing a …

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Goldman explores possible sale of ETF client platform, sources say

By Suzanne McGee, Saeed Azhar and Manya Saini (Reuters) – Goldman Sachs is exploring options, including a potential sale, of its ETF Accelerator platform which helps the bank’s institutional clients launch their own exchange-traded funds, two sources familiar with the matter told Reuters on Friday. The platform is separate from the ETF business of Goldman …

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Turkey’s Halkbank loses latest bid to avoid US prosecution in sanctions case

(Reuters) – A U.S. appeals court on Friday rejected a request by Turkey’s Halkbank to reconsider a ruling holding that the U.S. Department of Justice could prosecute the state-owned bank on charges that it helped Iran evade American sanctions. The New York-based 2nd U.S. Circuit Court of Appeals declined to have the full court reconsider …

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Palantir, Anduril sign partnership for AI training in defense

(Reuters) – Data analytics firm Palantir Technologies and defense tech company Anduril Industries have partnered to use defense data for artificial intelligence training, the companies said on Friday. The partnership will leverage Palantir’s AI platform to structure, label and prepare defense data for training to deploy those models onto national security systems, while Anduril’s systems …

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US Supreme Court to weigh bid to sue Palestinian authorities over attacks

By Brendan Pierson (Reuters) – The U.S. Supreme Court agreed on Friday to decide the legality of a 2019 federal statute meant to facilitate lawsuits against Palestinian authorities by Americans killed or injured in attacks in Israel and elsewhere. The justices took up appeals by President Joe Biden’s administration and a group of American victims …

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