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(abridged) We review how the recent increase in X-ray and radio data from black hole and neutron star binaries can be merged together with theoretical advances to give a coherent picture of the physics of the accretion flow in strong gravity. Both long term X-ray light curves, X-ray spectra, the rapid X-ray variability and the radio jet behaviour are consistent with a model where a standard outer accretion disc is truncated at low luminosities, being replaced by a hot, inner flow which also acts as the launching site of the jet. Decreasing the disc truncation radius leads to softer spectra, as well as higher frequencies (including QPOs) in the power spectra, and a faster jet. The collapse of the hot flow when the disc reaches the last stable orbit triggers the dramatic decrease in radio flux, as well as giving a qualitative (and often quantitative) explanation for the major hard--soft spectral transition seen in black holes and neutron stars. After collapse of the hot inner flow, the spectrum in black hole systems can be dominated by the disc emission. Its behaviour is consistent with the existence of a last stable orbit, and such data can be used to estimate the black hole spin. These systems can also show very different spectra at these high luminosities, in which the disc spectrum is strongly distorted by Comptonization. The structure of the accretion flow becomes increasingly uncertain as the luminosity approaches (and exceeds) the Eddington luminosity, though there is growing evidence that winds play an important role. We stress that these high Eddington fraction flows are key to understanding many disparate and currently very active fields such as ULX, Narrow Line Seyfert 1s, and the growth of the first black holes in the Early Universe.
The properties of wind accretion in symbiotic X-ray binaries (SyXBs) consisting of red-giant and magnetized neutron star (NS) are discussed. The spin-up/spin-down torques applied to NS are derived based on a hydrodynamic theory of quasi-spherical acc
When the matter from a companion star is accreted towards the central compact accretor, i.e. a black hole (BH) or a neutron star (NS), an accretion disc and a jet outflow will form, providing bight X-ray and radio emission, which is known as X-ray bi
From hot, tenuous gas dominated by Compton processes, to warm, photoionized emission-line regions, to cold, optically thick fluorescing matter, accreting gas flows in X-ray binaries span a huge portion of the parameter space accessible to astrophysic
We search the literature for reports on the spectral properties of neutron-star low-mass X-ray binaries when they have accretion luminosities between 1E34 and 1E36 ergs/s. We found that in this luminosity range the photon index (obtained from fitting
Precessing accretion discs have long been suggested as explanations for the long periods observed in a variety of X-ray binaries, most notably Her X-1/HZ Her. We show that an instability of the discs response to the radiation reaction force from the