Brazilian Company Suzano Bets the Bond Market on Emission Cuts

As Brazil struggles with deforestation, one of the country’s largest paper manufacturers is pitching investors a bond that will cost the company money if it fails to meet greenhouse gas-reduction targets. The new type of security from Suzano SA is part of an evolution in the green bond market as companies and nations look for new ways to fund themselves by tapping into rising demand for investment products that further environmental, social and governance, or…

"Brazilian Company Suzano Bets the Bond Market on Emission Cuts"

DAX Marches on as German PMIs Beat Expectations

DAX 30 Forecast: DAX rally continues after German PMI data beats estimates MACD Crossover occurs above the zero-line Client sentiment remains bearish but rally continues Price Action Remains in Favor of Bulls After reaching all-time highs in February 2020, the DAX 30 index plummeted, falling to a critical level of support, formed by the 50% Fibonacci retracement level of the historical move. Now, just 6 months after the Coronavirus pandemic wreaked havoc amongst equity indices,…

"DAX Marches on as German PMIs Beat Expectations"

Pfizer CEO confirms coronavirus vaccine trial may have results in October

In this May 4, 2020 photo provided by the University of Maryland School of Medicine, the first patient enrolled in Pfizer’s COVID-19 coronavirus vaccine clinical trial at the University of Maryland School of Medicine in Baltimore, receives an injection. University of Maryland School of Medicine | AP Pfizer could have results from its late-stage coronavirus vaccine trial as early as October, CEO Albert Bourla said Thursday. The pharmaceutical company has already enrolled 23,000 volunteers in…

"Pfizer CEO confirms coronavirus vaccine trial may have results in October"

U.S. trade deficit jumps to 12-year high in July

A woman takes photos of the container ship Ever Legacy being offloaded after arriving from Taipei at the Port of Los Angeles, which is the nation’s busiest container port, on March 6, 2020 in Terminal Island, California. Mario Tama | Getty Images The U.S. trade deficit surged to its highest level since 2008 in July amid a record increase in imports, suggesting that trade could be a drag on economic growth in the third quarter.…

"U.S. trade deficit jumps to 12-year high in July"