-- Italy's business confidence index fell to 95.2 points in April from 97.3 points in March, according to data from statistics agency Istat published Wednesday.
For the manufacturing sector, the confidence index declined to 87.9 points in April from the revised 88.7 points previously. The consensus estimate stood at 88 points.
Meanwhile, Italian consumer confidence was 90.8 points, against the prior 92.6 points and the expected 91.2 points.
Skyechip (KLSE:SKYECHIP) is seeking to raise 352 million ringgit via an IPO on the ACE Market of Bursa Malaysia.The integrated circuit (IC) design company's IPO entails a public issue of 400 million new shares at 0.188 ringgit each, according to a Wednesday Malaysian bourse filing.Proceeds will be used for expansion, to boost working capital, and to pay off expenses, it said.
Power transmission infrastructure company Bajel Projects (NSE:BAJEL, BOM:544042) has secured two international orders falling cumulatively in the ultra-mega category of over 4 billion Indian rupees, according to a Wednesday filing to the Indian stock exchanges.The contract covers the construction of two contiguous sections of the 500 kV overhead transmission lines in the Middle East and North Africa region.The project is expected to be completed in 11 months.The company's shares were up nearly 4% in recent trade.