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Senate passes 'cash-for-guzzlers' bill; Obama likely to sign

The U.S. Senate passed a scaled-back $1 billion cash-for-guzzlers bill and sent it to President Barack Obama for his expected signature. The 91-5 vote took place after 5 p.m.

Cyclists 'a pretty special bunch'

WE BRITS think cyclists are more intelligent and charitable than the average person, according to a new report. A study for the British Heart Foundation (BHF) found that sportsmen and women generally were more attractive than celebrities, with most qualities attributed to cyclists. The survey of 600 adults also showed that two thirds admitted to liking lycra.

Sergio Marchionne warns of strife ahead in Europe

Fiat chief exec Sergio Marchionne today warned of troubled waters ahead as Europe's car makers prepare for a radical restructuring. Marchionne, who's the current president of trade body ACEA, said factory closures were looming and repeated his call for a concerted EU-wide response to overcapacity. He warned that national interest was blocking action to strip out excess capacity, caused after European new car demand crashed by 3 million in the past five years.