European shares slip ahead of economic data; Avast soars
Infineon, the leading supplier of microchips to the auto industry, rose 3.1% on lifting its full-year outlook as it posted a 33% year-on-year increase in quarterly revenue.Britain’s competition regulator said it has provisionally cleared cybersecurity firm NortonLifeLock’s $8.6 billion purchase of rival Avast. London-listed Avast’s shares jumped 42.4%.
