Bloomberg New Fortress Energy LLC fell 6.6 percent in its trading debut, as the markets gave a cold shoulder to the first operating company to go public after the US government reopened. The energy infrastructure company raised $280 million on Wednesday, selling 20 million shares for $14 each — below the $15 price it had set for them. The shares ...

Bloomberg Billionaire Anil Ambani’s Reliance Communications Ltd. had a record plunge in Mumbai after the company said it will file for insolvency following failed attempts to sell assets and repay about $6.3 billion of debt. Shares of RCom, as the company is called, were trading at 7.01 rupees in Mumbai, down 39 percent. The company’s dollar-denominated bonds due November 2020 ...

Bloomberg Sony Corp. reported weaker profits in the PlayStation business and cut its annual revenue forecast, triggering the steepest share decline in almost three and a half years. The stock fell 8.1 percent in Tokyo on Monday, the most since September 2015, after operating income in games fell 14 percent to 73 billion yen ($666 million) for the holiday quarter. ...