Two American economists awarded Nobel Economics Prize

SWEDEN: Two American economists have been awarded the Nobel Prize for Economic Sciences for their work to improve how auctions work. Paul R. Milgrom and Robert B. Wilson were honored “for improvements to auction theory and inventions of new auction

World Food Programme awarded 2020 Nobel Peace Prize

OSLO: The United Nations food agency, World Food Programme (WFP), won the Nobel Peace Prize for its efforts to combat hunger. The prize is worth ten million Swedish crowns, or around $1.1 million, and will be presented in Oslo on

Nobel awards prize money increased, ceremony canceled

STOCKHOLM: The winners of the prestigious Nobel prizes this year will receive an extra 1 million crowns ($110,000) as the prize money had been increased. The head of the foundation which oversees the awards made the announcement. The prize money

Trio wins 2019 Nobel economics prize for fighting poverty

STOCKHOLM: Economists Abhijit Banerjee, Esther Duflo and Michael Kremer won the 2019 Nobel Economics Prize for their work in fighting global poverty, the Royal Swedish Academy of Sciences said on Monday. French-American Duflo becomes only the second female economics winner

No Nobel for war apologists

Due to its political nature, the Nobel peace prize has often attracted numerous controversies. Now it seems that even the Nobel literature prize award will also ruffle a few feathers and invite criticism. The award this year has been given

Ethiopian PM Abiy Ahmed wins Nobel Peace Prize

OSLO: The Nobel Peace Prize 2019 has been awarded to Ethiopian Prime Minister Abiy Ahmed who made peace last year with bitter foe Eritrea. He was awarded the prize for his efforts to “achieve peace and international cooperation”. Abiy’s peace

Peter Handke, Olga Tokarczuk wins Nobel Prize for Literature

STOCKHOLM: Polish author Olga Tokarczuk and Austria’s Peter Handke have been awarded the Nobel Prize for Literature. Two winners were named – one for 2019 and one for 2018 – because last year’s prize was not awarded. The Swedish Academy,

Bangladesh court issues arrest warrant for Nobel laureate Yunus

DHAKA: Bangladeshi economist and Nobel laureate Muhammad Yunus has been issued with an arrest warrant after failing to appear at a hearing over the sacking of workers at a company he heads in a case of alleged labour law violation.

Lithium-ion battery scientists awarded Nobel chemistry prize

STOCKHOLM: Scientists John Goodenough, Stanley Whittingham and Akira Yoshino won the 2019 Nobel Prize for Chemistry on Wednesday for the development of lithium-ion batteries, an important technology in enabling the world to move away from fossil fuels. American Goodenough, at

Doctors trio win Nobel Medicine Prize for oxygen research

STOCKHOLM: Three scientists who discovered how cells sense and adapt to oxygen levels have won the 2019 Nobel Prize for physiology or medicine. The award was shared by Britain’s Sir Peter Ratcliffe and two Americans, William Kaelin and Gregg Semenza.