Credit Suisse in Chinese venture

Credit Suisse receives £5.6m fine
The Financial Services Authority fines the UK arm of Credit Suisse for mis-pricing certain asset-backed securities.

Chinese retail sales still strong
Sales of goods in China's shops grew by 23.3% in July, figures show, the fastest rate in a decade.

Sony goes solo in music venture
Sony agrees to buy out Bertelsmann's 50% stake in their Sony BMG music joint venture in a $1.2bn deal.

Credit Suisse returns to profit
Credit Suisse's second-quarter profits beat expectations, helped by a good performance from its private banking arm.

BP says 60 staff leaving Russia
BP says the remaining 60 of its staff seconded to joint venture TNK-BP are being recalled from Russia.