Tue, 21-Oct-2025

Mumtalakat eyes possible IPO for McLaren in few years

Mumtalakat

Bahrain’s sovereign abundance reserve, Mumtalakat, has a 60% stake in Mclaren. CEO Khalid Al Rumaihi: “The hustling group has profited from the development and viewership so that side of the business has been doing phenomenally well”. Mumtalakat possesses around 69% of Alba, the world’s biggest aluminum smelter beyond China, as per data on the organization’s … Read more

Jane Street Global has filed a $15.3 million lawsuit against the LME

LME

Jane Street Global Trading has sued the London Metal Exchange for $15.3 million. The LME suspended activity and cancelled nickel trades on March 8 due to volatility. Volatility saw prices double to more than $100,000 a tonne within hours of suspension. U.S.- based Jane Street Global Trading has sued the London Metal Exchange LME for … Read more