Latest news with #Scion
Time of India
a day ago
- Politics
- Time of India
Third eye: Scion's romance sparks storm, Congress eyes caste reboot, BJP carries Tulsi in protest
Scion's Love Life Sparks Caste-Political Storm: The latest fraternal feud to spill into the public domain centres on the love life of a high-profile scion and caste dynamics deeply embedded in the state's politics. The scion, often spotted at sports matches, is believed to be in a relationship with a superstar music composer from a prominent family belonging to a caste antithetical to native politics. The composer's family is also perceived to be aligned with a party attempting to make inroads into the Tamil political stronghold . There are concerns that if the alliance materialises, the business house's considerable assets could drift into the rival camp's sphere of influence. Social Justice Pitch to Reflect in PCC Shuffle: Congress plans to walk the talk on social justice with a rejig in Pradesh Congress Committees. Himachal may get a Dalit Pradesh Congress Committee chief, Haryana could see an other backward class ( OBC) face, while Uttarakhand's pick is still being weighed due to existing Dalit leadership in the Congress Legislature Party. 'Tulsi Protest' Over Violence in Bengal: Bengal BJP leaders, including state president Sukanta Majumdar and leader of opposition Suvendu Adhikari, have taken to symbolic protests carrying the sacred Tulsi plant to the assembly and party gatherings. The gesture follows the alleged vandalism of a Tulsi Manch during communal clashes at Maheshtala in South 24 Parganas district.
RNZ News
6 days ago
- Business
- RNZ News
NZ researchers work to turn agricultural waste into packaging
One collaboration included developing moulded fibre trays infused with blueberry pomace, the leftover residue from juicing or processing. Photo: Supplied / Plant and Food Research Scientists from public research organisation Scion are working with farmers and growers to turn all kinds of agricultural waste - from blueberries to avocado stones - into sustainable and compostable packaging. The project is funded by the Ministry of Business, Innovation and Employment's collaborative Bioresource Processing Alliance (BPA). Team leader for sustainable materials Kate Parker said fibre packaging was a "huge growth industry" globally, as researchers looked to come up with viable alternatives to plastic. Parker said Scion 's researchers were exploring whether incorporating agricultural byproducts into moulded fibre trays could enhance their strength and moisture resistance. The researchers were open-minded about where the waste materials was sourced. "We've looked at all sorts of different biomasses out there, across waste streams that are coming out of different New Zealand industries. We've looked at things like the outer leaves of cabbage that the market farmers have a big excess of, we've looked at the hemp fibres that are not used for other applications. Avocado stones is another, left over from the oil industry. Pretty much anything." Among the waste material being looked at are avocado stones left over from the oil industry. Photo: Parker said it was "early days" for the project. Scion was talking to both producers who needed to get rid of waste, as well as businesses who wanted non-plastic packaging. "At this stage researchers are concentrating on producing fibre next stage is definitely talking a lot to industry to figure out what they want, what properties are important, what they need and how we can tailor a product to suit the performance requirements that they have for their product." Developing non-plastic, food-grade packaging products could potentially come later, she added. One collaboration included developing moulded fibre trays infused with blueberry pomace, the leftover residue from juicing or processing the berries at Rotorua grower Mamaku Blue. Owner Michaela Frost says the purple trays were not just eye catching but were an "exciting" opportunity for her business, the sector and the environment. Horticulture used a lot of plastic, she added. "It does make sense because it's easy to use. It's been around for quite a while now and it's just very affordable. But then it goes back into [landfill] where you don't want to have it." Another major benefit was getting rid of the huge amounts of blueberry byproduct - as much as 10 tonnes a year - that Mamaku Blue dealt with, said Frost. "We are already creating some products from byproduct, such as freeze dried berries and oils, but we just can never deal with it all fast enough." Scion's bio-products and packaging portfolio leader Christophe Collet said the work aimed to reduce waste while supporting New Zealand's circular bioeconomy. "We're using waste stream that would go otherwise to landfill. So we use some materials and incorporating them with some wood fibre packaging that is coming also from a renewable resource, being wood. [The new packaging product] replaces traditional plastics which would be produced from the oil industry. At the end of life it is combustible, and will turn back into water and CO2." He said businesses with waste streams should get in touch to see whether Scion could also help them add value to their biomass byproduct. "We can develop new projects, using the funding that is covering most of the cost of the research project."
Yahoo
06-06-2025
- Yahoo
One dead and one injured after head-on crash in Smyth County
SMYTH COUNTY, Va. (WFXR) – Virginia State Police is investigating a fatal two-car accident that occurred on Friday, June 6, around 9:34 a.m. on Route 16 near the Intersection with Old Prater Road in Smyth County. According to police, a Toyota Scion was traveling east on Route 16 and crossed the center line. A Dodge Ram 2500 was traveling west on Route 16 and attempted to avoid the Scion, but it crashed into the Dodge head-on. One dead and two injured after crash in Rockbridge County The driver of the Scion died on the scene and has yet to be identified. The driver of the Dodge was taken to the Smyth County Hospital with serios injuries. The crash remains under investigation. WFXR News will update this page when new information becomes available. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
06-06-2025
- Automotive
- Yahoo
VSP: 1 dead, 1 seriously injured after Smyth County crash
Editor's Note: This story has been updated to reflect new information from Virginia State Police. MARION, Va. (WJHL) — Virginia State Police (VSP) are investigating a fatal crash in Smyth County on Friday morning. According to a news release from VSP, a Toyota Scion was traveling eastbound on Route 16 when it crossed the centerline just after 9:30 a.m. VSP investigating I-81 crash in Bristol 'A Dodge Ram 2500 travelling westbound on Route 16 tried to avoid the Scion, but the Scion struck the Dodge Ram 2500 head-on,' the release stated. The driver of the Toyota died at the scene, VSP reported. The driver of the Dodge was taken to a local hospital with serious injuries. The crash remains under investigation. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
06-06-2025
- Business
- Yahoo
Is The Bull Run Over For Nvidia– 'The Big Short' Investor Michael Burry Taking Up Short Positions
Investors have followed Michael Burry's trades ever since he predicted the financial crisis of 2008 and profited from it by taking up short positions. The man still known to many as "The Big Short" investor is making headlines for his bearish outlook on one of the world's biggest tech stocks. Benzinga examines why Burry has taken short positions on Nvidia (NASDAQ: NVDA). Nvidia shares have spent much of the last 18 months on a bull run powered by AI's emergence as the world's hottest investment sector. As recently as May 2023, Nvidia shares were trading in the $35 range. Then it became clear that Nvidia's graphics processors and chipsets were mission-critical components in AI development, and the company's stock was off to the races. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — Invest where it hurts — and help millions heal:. Nvidia shares increased from around $40 in January 2024 to $147.16 by early November. The company's market cap grew to an astonishing $3 trillion, and CEO Jensen Huang achieved near celebrity status as his company gate-crashed the S&P 500 Magnificent Seven. That kind of explosion in share price and market cap made Nvidia one of the biggest stories of 2024, but Burry knows what goes up must come down. Barchart is reporting that Burry's Scion Asset Management has numerous put options in Nvidia. Beyond that, the water gets a little murky in terms of predicting Burry's long game. Barchart compiled the option data from Scion's March 13F filings, but those filings include multiple shorts. Scion is also betting against Alibaba (NYSE: BABA), Baidu, and (NASDAQ: TRIP). The filings only note that the combined total of Scion's shorts is $199 million. Trending: Maximize saving for your retirement and cut down on taxes: . There is no information about expiration dates or strike prices, and the filings don't disclose whether Scion has long positions on Nvidia or the other stocks it's shorting. All this makes it difficult to decipher whether Burry has completely soured on Nvidia. President Donald Trump's tariffs have rattled multiple economic sectors, especially tech and retail, where Nvidia and Alibaba operate. Like many tech companies, Nvidia is heavily dependent on Chinese components, and jitters over the tariffs saw its shares slump to the $90 range in late March. Trump is still negotiating with China, and Nvidia has rebounded to $135.50 per share. The next shoe to drop will be quarterly earnings, which Burry may be expecting to fall short of the pressing question for investors is whether Burry is simply hedging with these short bets or believes Nvidia is overpriced and due for a correction. He has a proven knack for getting out of high-performing positions before the bottom drops, and these shorts could be part of that trend. However, the fact that Burry and Scion have $199 million in shorts spread across multiple positions may indicate that Burry is guarding against the downside. With that said, Burry shorting Nvidia should give investors cause to assess their long-term positions and goals with this stock. In the meantime, keep your eyes peeled for Nvidia's earnings report and news on the tariff negotiations. Both of those will have a significant impact on Burry's next moves with Nvidia. Read Next: Here's what Americans think you need to be considered wealthy. Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article Is The Bull Run Over For Nvidia– 'The Big Short' Investor Michael Burry Taking Up Short Positions originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
