Bloomberg Finatext Holdings Ltd, a Japanese fintech startup that provides stock trading apps and brokerage infrastructure, slumped on its first day of trading in Tokyo, with shares falling 35% below the issue price. Having raised nearly 20 billion yen ($175 million) in an offering that was priced at the top of its advertised range, got off to a bad …

  Bloomberg Oil rises as traders assessed the outlook for demand amid the rapid spread of omicron. Futures in London climbed above $72 a barrel in a volatile trading session on Tuesday, having fallen about 5% over the past two days. The new virus variant accounted for 73% of all Covid-19 infections in the US last week, but city traffic …

  Bloomberg Electricity prices surged to a fresh record as France scrambled to keep its lights on, sucking up supplies from the rest of Europe. France, usually an exporter of power, is boosting electricity imports and even burning fuel oil. The crunch comes after Electricite de France SA said it would halt four reactors accounting for 10% of the nation’s …