Monday , 15 December 2025

Recent Posts

Enbridge to buy units for $7.1bn

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 …

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Duke restores power

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.

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Stocks gain even as trade tensions grow; oil rises

Bloomberg Global equity markets reacted calmly to the latest salvos in the intensifying trade war between the US and China. Treasuries retreated and oil gained. The S&P 500 Index rose on Tuesday, led by technology shares, even after Beijing responded to President Donald Trump’s announcement of fresh levies by saying it will impose tariffs on $60 billion of US goods …

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