Bear Stearns staff arrive at the bank's headquarters to hear of the firm's fire sale to JP Morgan for a giveaway price

Added: 2008-03-17

Lawyers and media circle while staff reflect on their place in limbo

Category: varial news

'Merchant of Death' arrested in Thailand

The world's most notorious arms dealer has been arrested in Thailand, after fuelling many of the most deadly recent conflicts and running rings around investigators for nearly two decades.

Satellite makers flinch at $120m price of launch cost$

It is the biggest and fastest ferry in the world, but potential users of the 720-tonne Ariane 5 rocket are being put off by the $120 million ($

ECB’s Trichet calls crisis 'very serious'as troubles reach Europe

The European Central Bank has warned that the world economy is still in the grip of a "very serious market correction" and risks repeating the inflation debacle of the early 1970s if global authorities respond by slashing interest rates too soon.