Niklas's Feed
Oct 25, 2013

Volvo profit falls on new trucks launch

STOCKHOLM, Oct 25 (Reuters) – World number two truck maker
Volvo posted a sharp drop in third-quarter profit,
hit by a strong Swedish currency and the costs of its biggest
ever introduction of new models.

Volvo, Sweden’s largest private-sector employer, also said
on Friday it will cut 2,000 jobs as part of a plan announced in
September to generate annual savings of 4 billion Swedish
crowns.

Oct 24, 2013

Mining slump weighs on Nordic suppliers Sandvik, Metso

STOCKHOLM, Oct 24 (Reuters) – Swedish machinery and tool
maker Sandvik said on Thursday a sharp fall in demand
from a shrinking mining industry was showing signs of levelling
out.

But the slump still hit its earnings, and led to a fall in
orders at Finnish rival Metso, which also stepped up
a programme of cost cuts.

Oct 24, 2013

Sandvik sees greater stability in hard-hit mining business

STOCKHOLM, Oct 24 (Reuters) – Machinery and tool maker
Sandvik said a sharp fall in demand from a retrenching
mining industry was showing signs of levelling out after pushing
the Swedish company to a bigger than expected fall in
third-quarter earnings.

The global mining industry is under pressure to cut costs as
demand for raw materials levels off from a decade of booming
growth with the likes of BHP Billiton and Rio Tinto
slashing billions of dollars in capital spending.

Oct 14, 2013

Americans win Nobel prize for asset price forecasts

STOCKHOLM, Oct 14 (Reuters) – Three American scientists won
the 2013 economics Nobel prize on Monday for research that has
improved the forecasting of asset prices in the long term and
helped the emergence of index funds in stock markets, the
award-giving body said.

“There is no way to predict the price of stocks and
bonds over the next few days or weeks,” The Royal Swedish
Academy of Sciences said in awarding the 8 million crown ($1.25
million) prize to Eugene Fama, Lars Peter Hansen and Robert
Shiller.

Oct 10, 2013

Munro,’master of the short story’, wins Nobel literature prize

STOCKHOLM (Reuters) – Canadian Alice Munro won the Nobel Prize in Literature on Thursday for her tales of the struggles, loves and tragedies of women in small-town Canada that made her what the award-giving committee called the “master of the contemporary short story”.

“Some critics consider her a Canadian Chekhov,” the Swedish Academy said, comparing her to the 19th-century Russian short story writer in a statement on its website.

Oct 10, 2013

Canada’s Munro, “master of the short story”, wins Nobel literature prize

STOCKHOLM, Oct 10 (Reuters) – Canadian Alice Munro won the
Nobel Prize in Literature on Thursday for her tales of the
struggles, loves and tragedies of women in small-town Canada
that made her what the award-giving committee called the “master
of the contemporary short story”.

“Some critics consider her a Canadian Chekhov,” the Swedish
Academy said, comparing her to the 19th-century Russian short
story writer in a statement on its website.

Oct 7, 2013

Scientists win Nobel for mapping body’s ‘cell traffic’ system

STOCKHOLM/CHICAGO, Oct 7 (Reuters) – Three scientists won
the Nobel medicine prize on Monday for plotting how cells
transfer vital materials such as hormones and brain chemicals to
other cells, giving insight into diseases such as Alzheimer’s,
autism and diabetes.

Americans James Rothman, 62, Randy Schekman, 64, and
German-born Thomas Suedhof, 57, separately mapped out one of the
body’s critical networks in which tiny bubbles known as vesicles
enable cells to secrete chemicals such as insulin into the
surrounding environment.

Oct 7, 2013

Work on “cell traffic” and disease triggers wins Nobel prize

STOCKHOLM, Oct 7 (Reuters) – Three U.S.-based scientists won
the 2013 Nobel medicine prize on Monday for their work on how
hormones and enzymes are transported within and outside cells,
giving insight into diseases such as diabetes and Alzheimer’s.

Americans James Rothman, 62, Randy Schekman, 64, and
German-born Thomas Suedhof, 57, separately mapped out one of the
body’s critical networks that uses tiny bubbles known as
vesicles to ferry chemicals such as insulin within cells.

Oct 7, 2013

Rothman, Schekman and Suedhof win 2013 Nobel prize for medicine

STOCKHOLM (Reuters) – Two Americans, James Rothman and Randy Schekman, and Germany’s Thomas Suedhof won the 2013 Nobel prize for medicine or physiology for research into how cells organize their transport system, the award-giving body said on Monday.

The Nobel committee said the research deepened understanding of how disruptions in the transport of cells contribute to neurological diseases, diabetes and immunological disorders.

Sep 30, 2013

SCA boss sees tough 2014 in Europe, seeks Brazil, U.S. push

STOCKHOLM (Reuters) – The CEO of SCA (SCAb.ST: Quote, Profile, Research, Stock Buzz), Europe’s biggest hygiene products maker, predicted another tough year in 2014 for the European economy and said the Swedish company needed to expand in the United States and Brazil.

While European leading indicators have painted a picture of a recovery gaining traction, the extent of the upturn remains in question in the region which accounts for roughly 70 percent of sales at SCA, which makes which makes nappies, tissues and wipes.