Adam Silver says possible sovereign wealth investment in NBA Europe could change U.S. rules

NBA Commissioner Adam Silver says that the possibility of a European division could require the NBA to revisit its ownership rules. Currently, sovereign wealth funds cannot hold more than 20 percent of a team, but that cap could change if global investment becomes a reality.

Adam Silver says possible sovereign wealth investment in NBA Europe could change U.S. rules

Carr Properties to shed assets as J.P. Morgan exits stake for three office buildings

Carr Properties is experiencing significant ownership changes as J.P. Morgan exits its stake in three office buildings, while another major investor increases its holdings.

Carr Properties to shed assets as J.P. Morgan exits stake for three office buildings

Kenya Airways Shares Trade Again After Four-year Hiatus

Kenya Airways has reopened its wings on the Nairobi Securities Exchange after a four-year suspension, marking a significant milestone in the airline’s recovery. The move follows the dropping of a proposed government plan to renationalize the carrier amid its return to profitability.

Kenya Airways Shares Trade Again After Four-year Hiatus