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New Balance’s Big Basketball Ambitions & The Rich Are Ditching The UK

Morning Brew Daily

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Oil, Basketball, and Wealth Migration

This chapter explores recent developments in the oil and gas industry, including potential acquisitions involving major players like Shell, BP, and Chevron amid fluctuating prices. It also highlights New Balance's strategic partnership with NBA draft pick Cooper Flagg and the brand's efforts to strengthen its presence in basketball. Alongside these themes, the chapter addresses the significant migration of wealthy individuals from the UK due to new tax regulations, impacting Europe's economic landscape.

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