Bloomberg The European Union (EU) outlined ways to bolster the World Trade Organization (WTO) in a bid to keep US President Donald Trump committed to the global commercial order that America helped shape after World War II. EU Trade Commissioner Cecilia Malmstrom presented a ‘concept paper’ aimed at strengthening WTO rules against trade-distorting subsidies, averting a deadlock in the dispute-settlement …

Bloomberg Enbridge Inc. agreed to acquire the shares it doesn’t already own in three North American units for about $7.1 billion as the Canadian pipeline giant moves to simplify its corporate structure. The rollup of the so-called master limited partnerships will bring all of Enbridge’s core liquids and natural gas assets under the umbrella of a single publicly traded entity …

Bloomberg Almost 80 percent of the 1.5 million customers who lost power in Hurricane Florence have had their electricity restored by Duke Energy Corp. It’s the remaining few hundred thousand that could be the test. “The first ones are the easiest ones,” Kit Konolige, a New York-based analyst for Bloomberg Intelligence, said.