Even the price of used cooking oil is soaring. That’s an input cost for Finnish biodiesel group Neste. Its shares are highly-rated but profits may not return to pre-pandemic levels until 2023. on.ft.com/3IDjs05

Good news travels slowly, bad news has wings. Rolls updated us with an improved cashflow forecast this morning - but the shares dropped on omicron travel restrictions. For me, this September chart shows the deep hole Rolls is still in. Our note: on.ft.com/3lP76It

The buy-to-let loan market looks attractive to Paragon and Blackstone wants in. Paragon/buy to let: sector rebounds amid spiraling rent inflation: on.ft.com/3EAFxKl

So here is Lex's philosophical conundrum for the day. Do we suffer impostor syndrome less as we get older (see chart) because a) we finally know what we're doing? OR b) we realise no one else knows what they're doing either? on.ft.com/3rRtZyy

A 24 hour world stock exchange could mean day-traders working all night. See Lex, World Stock Exchange: a pipe dream technology could make a reality on.ft.com/31q29hJ

UK fintech Wise (formerly TransferWise) is pricey. Measured against a universe of online payments companies, shares are ahead of Mastercard, PayPal and Square on a steep market value-to-forward sales multiple of 18 times on.ft.com/3xJPIta

Japan has closed its borders to foreign visitors in hopes of keeping out travellers harbouring the Omicron variant. The move comes at a bad time for Toyota. Supply shortages that started with chips have spread to lower-tech components and labour on.ft.com/3rosPKH

A new virus outbreak adds to the chip and component shortages already straining Toyota's supply chains. The carmaker also faces a shrinking workforce in its domestic market. on.ft.com/3xGWPCP

Stock market analysts have come up with some extraordinarily punchy numbers recently. They predict long-term earnings growth will average 19 per cent annually for S&P 500 companies. That is the highest forecast ever. on.ft.com/3l8WhjW

Annoying stuff, hydrogen. Massively plentiful in the universe but expensive to extract on earth. Even so, it is now touted enthusiastically for energy storage after being pooh poohed for years. Deutsche Boerse plans an index to facilitate trading. on.ft.com/3CKU0l6