Business

France's Alstom SA is close to clinching a deal to buy Bombardier Inc's train business which will give the unit an enterprise value of $7 billion, according to a source familiar with the matter.

A German court on Sunday ordered Tesla Inc to stop clearing forest land near the capital Berlin to build its first European car and battery factory, a victory for local environmental activists.

U.S. prosecutors on Thursday accused Huawei of stealing trade secrets and helping Iran track protesters in its latest indictment against the Chinese company, escalating the U.S. battle with the world's largest telecommunications equipment maker.

The United States is seeking to rally European support for competitors to Huawei Technologies following disappointment in Washington over Britain's decision to use 5G equipment made by the Chinese company.

British Airways said on Sunday its Chief Operating Officer, Klaus Goersch, and its Director of People, Angela Williams, were leaving the company.

The head of publisher Bertelsmann said its TV arm RTL should be allowed to merge with German rival ProSiebenSat.1 , to give them a fighting chance against U.S. streaming giants.