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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.

Sep 24, 2013

Swedish government to sell remaining Nordea shares

STOCKHOLM, Sept 24 (Reuters) – Sweden is to sell its
remaining 7 percent stake in Nordea, the Nordic
region’s biggest bank, its second sale of Nordea shares this
year and giving the centre-right ruling coalition some fiscal
room for manoeuvre ahead of next year’s general election.

The government, Nordea’s second-biggest owner behind Finnish
insurer Sampo, said it would sell up to 284 million
ordinary shares in Nordea and will use the proceeds to reduce
the national debt.

Aug 1, 2013

New emission rules cloud European truck recovery

STOCKHOLM/FRANKFURT, Aug 1 (Reuters) – A likely rush by
haulage operators to upgrade fleets before new emission rules
take effect is posing problems for investors assessing the real
strength of a nascent European truck sector recovery.

A short-lived boost will distort production schedules for
recession-hit European truck makers still well short of peak
sales levels hit in the years before the 2008 financial crash.

Jul 24, 2013

Volvo shares rise as truck orders top forecasts

STOCKHOLM, July 24 (Reuters) – World number two truck maker
Volvo AB achieved stronger-than-expected orders and
earnings in the second quarter as a recovery in demand gained
pace in nearly all its main markets.

Shares in Sweden’s largest private sector employer and
biggest company by sales rose 2.9 percent in early trade,
extending recent gains to hit their highest level in more than a
month.

Jul 19, 2013

Scania to raise output as European markets speed up

STOCKHOLM, July 19 (Reuters) – Truck maker Scania
said on Friday it will raise production in the coming months as
an upturn in demand in the long-suffering European market
gathered pace, lifting its order intake in the second quarter.

While a smaller than expected rise in earnings, dented by a
strong Swedish currency and price pressure, weighed on
Scania shares, the company’s upbeat stance on demand is a
positive sign for a hard-hit truck industry across Europe.