Starbucks acquired full control of Brazil based privately held coffee chain with 20 stores.>>

Chile based LAN SA agreed to acquire Brazil based TAM SA in an all stock deal that will create one of the largest airlines in the world. The combined carrier, called Latam Airlines Group expects to save $400 million.>>

Investment in Russia suffered as financial markets crisis expands its reach in Europe.>>

Rising interests from China and India power foreign investments in Uganda.>>

Rising investments in oil and natural sector continue to drive foreign direct investments in Angola. The nation in the last five years has seen a surge in off shore energy projects as it develops its newly discovered fields.>>

India makes its case to acquire the stake held BP Plc in an offshore energy exploration block. BP is looking to sell its stake in the joint venture as it seeks to raise cash to pay for a cleanup costs for the Gulf of Mexico oil well that may exceed $20 billion.>>

Foreign funded new projects and direct investment continue to rise in China.>>