THE DAILY BRIEFING

■ DEPOT JOBS Catalogue retailer Argos has opened depots in Birmingham and Reading to meet demand for its fast-track deliveries. The move will create 100 jobs at each site. ■ TRAVEL TAKEOVER Online travel firm eDreams is exploring a possible takeover after being approached by investors. It is reviewing its options, including a potential merger and acquisition, to maximise value for shareholders. ■ MINING BOOST Profits at Anil Agarwal’s mining company Vedanta rose 47pc to £352m over the July-September quarter, led by higher metal prices and soaring production volumes of zinc and aluminium. Production of silver and refined zinc-lead metal rose 27pc. ■ TECH DE-LISTING UK chipmaker Imagination Technologies will de- list today after its takeover by Chinese - backed buyers cleared the final hurdle in the High Court. Canyon Bridge is buying it for £550m. ■ RYANAIR RISE Low-cost airline Ryanair carried 11.8m passengers last month, up 8pc on last year. ■ MALL SALE Shopping centre owner Intu is selling half of its Norwich Chapelfield mall for £148m to LaSalle Investment Management. ■ CONTRACTS AWARDED Defence firm BAE Systems has awarded a further 15 manufacturing contracts to suppliers for the Type 26 combat ships. The companies to get new contracts include Whippendell Marine in Watford and Goodwin Steel Castings in Staffordshire. ■ GOLD ESTIMATE AIM-listed Caledonia Mining has raised its estimate of mineable gold from its Blanket mine in Zimbabwe by 6pc to 714,000 ounces. Chief executive Steve Curtis said: ‘To have consistently grown the total resource base at Blanket every year since 2011 is a commendable achievement.’ ■ TESLA TARGET Car maker Tesla has pushed back its goal of producing 5,000 of its new Model 3 electric cars per week this year. Company boss, billionaire Elon Musk, said it was tackling ‘bottlenecks’ in production and it believes it will hit the target by March. ■ ALIBABA BOOM Chinese e-commerce giant Alibaba has reported a 60pc rise in revenues in an ‘outstanding’ three months to September 30. It raked in sales during the period of £5.3bn.