THE DAILY BRIEFING
CHEAP BEAUTY Budget retailer Poundland is launching its own skincare range as it looks to tap into what is tipped to become a £26.7bn beauty market in the uK.
The group said its six-piece skincare range will ‘inject some everyday luxury’ into beauty routines.
Holly Mobley, Poundland’s head of glamour, said: ‘everyone wants to look good for less, and we spent a long time ironing out the wrinkles to develop a fantastic skincare range to fit all budgets.’
GAME LAUNCH Tech firm Immotion Group has launched a spacethemed virtual reality ride. The aIM-listed firm said Delta Zero, which allows players to control a spaceship inside a digital world, was being rolled out after successful trials.
BATTERY BOSS James Proudlock has been appointed chief executive of Direct Nickel Projects, a company eyeing the battery production boom.
His appointment comes as the electric vehicle market is fuelling demand for nickel, cobalt and other metals used to make batteries.
FARM DEAL Japanese firms J-Power and Kansai electric Power are buying a 41pc stake in Triton
Knoll Offshore Wind Farm, from Innogy. The farm, off the Lincolnshire coast, is due to supply 800,000 homes with renewable electricity.
Innogy was the sole owner of the farm after buying out norway’s statkraft last year.
MINE SALE BHP mining spin-off South 32 has completed its purchase of canada’s arizona Mining for £1bn. south 32 boss Graham Kerr said: ‘The acquisition adds to our portfolio one of the most exciting base metal projects in the industry.’
DRUG BID Drug-maker shire’s Japanese partner Shionogi has applied to expand its use of Intuniv to treat adults with attention deficit hyperactivity disorder.
The drug is already approved for use for children in the country.
a shire spokesman said: ‘There remains a significant need for new non-stimulant treatment options for adults being diagnosed with aDHD in Japan.’
GOLD NUMBERS West african gold producer Avesoro Resources produced 128,319 ounces during the half-year, more than three times as much as in the same period last year. It sold 125,838 ounces at an average £1,032, bringing in around £129.9m.
EXIT SCENE streaming service Netflix’s finance chief David Wells will step down after 14 years.