Morning Bird: The court confirmed billions from the state for Josef Šťáva in the Diag Human case. Floods have already killed more than 30 people in Beijing
The claim of the Czech-Swiss entrepreneur Josef Šťáva for a billion compensation in the Diag Human case for the obstructed plasma trade in the 90s was confirmed by a court in London. Heavy rains and floods killed 34 people in Beijing. As a result, more than 80 thousand city residents had to be relocated from their homes.
Diag Human case could cost up to 17 billion
The Court of Appeal in London confirmed the claim of the Czech-Swiss entrepreneur Josef Šťáva for billion-dollar compensation in the Diag Human case for obstructed blood plasma trade in the 90s. The claim for damages was awarded to Šťáva by international arbitrators in 2022. Half of the sum consists of damage caused by the state, the other half is interest that accumulated between the years 1992 and 2007. However, the total sum is also increasing by another interest of 1.3 million crowns daily, counting from 2007. Currently, the amount is around 17 billion crowns.
Over 30 people killed by heavy rains and floods in Beijing
Heavy rain and floods have killed 34 people in Beijing. The most affected were the Miyun and Yanqing districts. Both are located in the outskirts of the city. As a result, more than 80,000 people were displaced from their homes. By Tuesday midnight, more than 16 centimeters of rainfall had fallen. In the epicenter, it was even 54 centimeters, reported by the AP agency. Authorities in Miyun district have released water from the local reservoir, which was at its highest level since its construction in 1959.
Tesla and Samsung sign a chip sales deal worth $16.5 billion
Tesla owner Elon Musk announced that the American automaker signed a deal worth $16.5 billion for chip supplies from Samsung Electronics. This should strengthen the loss-making production of this South Korean technological giant. Samsung's shares jumped by up to 6.8 percent to their highest level since September last year after the deal was announced. Tesla's shares rose by 1.9 percent in pre-market US trading, CNN reported.
Trump called for the prosecution of Beyoncé
Donald Trump called for the prosecution of singer Beyoncé. The American president claimed in a social media post that Beyoncé broke the law by allegedly receiving 11 million dollars for supporting Democratic presidential candidate Kamala Harris during an event in Houston in October 2024. But there is one catch: his claim is not based on truth. Harris paid only 165 thousand dollars to Beyoncé's production company. Furthermore, Harris' spokesperson already stated last year that they do not pay celebrities, but that they are by law required to cover the costs associated with their performance, reported CNN.
Sources: Ceskenoviny.cz, AP, CNN
