FERRARI doesn’t need another car to make you drool, but it has unveiled one anyway. The 599GTB Fiorano is being shown off for the first time at the Geneva Auto Show.

The Dow Jones industrials closed above 10,000 today, a milestone not seen in 18 months.

Shares of Goodyear Tire & Rubber have rallied as the company reached a tentative agreement with the United Steelworkers of America regarding a three-year labour contract.

Goodyear Tire & Rubber has lost more than $73m (€64.2m) in the second quarter as raw material costs and one-time charges took a toll on results, the company has said.

Union leaders are to meet executives from Goodyear for talks about a threat to hundreds of jobs in the UK.

Relatives of five French crew members killed in the Air France Concorde crash have launched actions against a US airline and tyre company on the first anniversary of the disaster.

Lawyers for Air France and other companies connected to last year's Concorde crash say they hope to have reached a final out-of-court settlement with families of the victims.