London's FTSE 100 has closed at 3.86 per cent down as investors reacted in shock to the sale of Bear Stearns to JPMorgan Chase. Full Story
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A wave of victories for the Socialist party in the second round of France's municipal elections has handed Nicolas Sarkozy a stinging rebuke at the polls. Full Story
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A second Societe Generale employee has been arrested as part of a police investigation into alleged rogue trading at the French bank. Full Story
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