Avon: cutting more than just corners

While the US downturn has had some negative impact on Avon, the direct beauty retailer's biggest problem has been the economic instability in Argentina. With that market unlikely to recover anytime soon, Avon will need to accelerate the time-to-market of its new business initiatives if it is to maintain earnings growth this year.

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Carrefour: secures Argentinean connection

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China's CNOOC to buy half of Argentine oil firm

Chinese oil companies have been spreading their influence across global O&G reserves, and estimates that Chinese oil consumption will grow by 3.9% during 2010-15, while oil production will grow by a meager 1.0% over the same period, clearly demonstrate the country's reliance on imported hydrocarbons. As a result, it is expected that China will continue to aggressively secure resources globally.

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Falklands oil: stand-off over sovereignty could mean lost opportunities

The ongoing dispute between the UK and Argentina over sovereignty of the Falkland Islands is hampering development of important oil and gas resources. The disagreement threatens both development and economic gain and, unless resolved, will lead to a significant lost opportunity. Argentina must look beyond the current dispute and approach the drilling operations as a boon for the economy.

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Latin American skincare: target the young guns

Rising economic wealth and a preoccupation for personal appearance makes Latin America a burgeoning region for skincare offerings. Datamonitor's ConsumerGraphics database highlights how young adults represent a key target group for both now and the future. Focusing on increasing male usage also appears to be a key growth opportunity.

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Latin American wealth markets: European wealth managers are packing their bags

Barclays Wealth has announced the closure of its only Latin American office in Buenos Aires. Latin American clients will now be served from the US. The region offers substantial revenues for global wealth managers; however, the right strategy is not easy to find.

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Lip make-up: Argentinean sales set to rise

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Lloyds TSB: looking at some home improvements

After several disposals in the last year, Lloyds TSB's [LLOY.L] Argentine sale would be yet more evidence of its decision to focus on its core UK market. While cutting back in countries where the bank has limited potential makes sense, Lloyds TSB should not necessarily expect an easy time in its home market.

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New drinks review: canned drinks go healthy with vegetable innovations

Unusual vegetable-based drinks are the highlight of this month's roundup of innovative product launches from the drinks industry, as canned tomato and zucchini drinks hit the shelves. In other news, drinking chocolate is a focus of innovation, with two novel formulations, while concerns about pack security and hygiene have extended to energy drinks with the launch of a new lidded can design.

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New drinks review: coffee, but not as we know it

For decades consumers have been content to drink their tea and coffee in the traditional way; hot with milk, and with little variation from the traditional formulas. Now, however, manufacturers are keen to exploit the rise in demand for healthier alternatives, with Productscan Online reporting on a self-cooling ready-to-drink tea and a coffee made not with coffee beans, but with ramon nuts...

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