Boss of BP Russia venture leaves

BP staff to get Russian permits
Senior British staff at TNK-BP will not have to leave Russia, after the migration service approves their work permits.

Societe boss Bouton to step down
Societe Generale says that chief executive Daniel Bouton will step down after a trading scandal stung the bank.

BMW boss forecasts record sales
BMW's chief executive said he expects higher profits this year, despite the rising euro.

TNK-BP's under-fire boss resigns
BP's Russian joint venture, TNK-BP, confirms that its under-fire chief executive Robert Dudley has resigned with immediate effect.

Russian rates up as rouble falls
Russia's central bank increases its key interest rate to 13% from 12% and the rouble weakens by about 1% against the dollar and the euro.