DAVOS, Switzerland, Jan 23- Multinational companies are becoming more picky about emerging market investments as slowing growth in upstart economies and a recovery in the West takes the shine off a previous sure-fire strategic bet.
LONDON, Jan 21- Unilever said it would stick to its emerging markets growth strategy as a fourth-quarter recovery in sales in the region boosted the consumer goods maker's 2013 results and reassured investors who had been worried about consumer demand there.
*Spain back to growth in Q4, first time since 2008. PARIS, Jan 16- Carrefour, the world's second-biggest retailer, said sales growth slowed in Brazil and turned negative in China in the final three months of last year, dealing it a blow in the two major emerging markets it has earmarked for expansion.
SHANGHAI, Jan 8- French cosmetics giant L'Oreal SA has halted sales of Garnier beauty products in China to focus on other brands, a week after U.S. rival Revlon Inc pulled out completely from the slowing China market.
Dec 31- Revlon Inc said it would exit China, where sales of its cosmetics have been falling, and cut more than 1,000 jobs as part of a restructuring designed to save about $11 million a year. Revlon, owner of the Almay cosmetics brand and Sinful Colors nail polish, said in a filing that its Chinese operations accounted for about 2 percent of total net sales.
Dec 31- Cosmetics maker Revlon Inc, known for its Almay and Sinful Colors brands, said it would exit its China operations as part of a restructuring that would save about $11 million annually. Sales from China, which had declined in 2012, accounted for about 2 percent of Revlon's total net sales.
The SEC says Revlon has agreed to pay a $850,000 fine for misleading shareholders about details of a "going-private" transaction.
Financier Ronald Perelman told CNBC that earnings are growing at the companies he holds stakes in, but top-line growth has been difficult, much like the rest of Corporate America.
The "Talking Squawk" blog is meant to be a funny, sarcastic look at business news through the unique "Squawk Box" lens. But it was difficult to think about anything from that viewpoint this week.
NEW YORK-- The cosmetics company Revlon Inc. reported a loss for the third-quarter as restructuring and litigation charges more than offset the impact of a 3 percent rise in revenue. Revlon, whose brands include Almay, Mitchum and its namesake, said that it lost $15 million, or 29 cents per share in the three-month period ended Sept. 30.
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Asian markets pared losses on Thursday after early setbacks, but major benchmarks in the region are now near bear market territory, marked by a decline of about 20%. Despite those drops, experts are warning against rushing in to bargain hunt.
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Walmart announced last week it would soon require companies to prove it used only sustainably sourced palm oil.
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