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2011 Nobel Prize Announcements Begin Monday

The Nobel Prizes for 2011 will open on Monday with the announcement in Stockholm of the Medicine Prize, to be followed over the course of a week by the awards for Physics, Chemistry, Literature, Economics and Peace.
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Europe slow to adopt 4G mobile: sector execs

Europe's rollout of fourth-generation mobile networks is trailing major operators in the United States and parts of Asia which are already offering the service to millions of customers.
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Struggling Saab wins reprieve, eyes job cuts

Struggling car maker Saab launched a cost-cutting plan to secure its survival on Wednesday after a court gave it temporary protection from creditors while the company waits for long-term Chinese investment to come through.
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Struggling Saab wins reprieve

Struggling car maker Saab gained fresh breathing room in its fight for survival on Wednesday when it won a court appeal to be granted protection from creditors while it awaits Chinese investment.
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Audience Stars in Britain's Last Night of Proms

Chinese piano superstar Lang Lang wowed them, Wagnerian soprano Susan Bullock got a laugh as a British Brunnhilde, but the stars of the Last Night of the BBC Proms were standing in the middle of the Royal Albert Hall.
Russia Hockey Team Killed in Plane Crash

Russia Mourns Loss of Hockey Team in Plane Crash

Candles flickered beside mounds of red carnations at the stadium of one of Russia's top ice hockey teams on Thursday after almost the entire team was wiped out in a plane crash that killed 43 people.
Global Competitiveness Index

U.S. Tumbles to 5th in Global Competitiveness Ranking

The Global Competitiveness Index (GCI) published by the World Economic Forum, which ranks the world's most competitive economies, has pushed the U.S. down the list to a No. 5 spot. Escalating government debts and declining faith of the public in its administration were cited as the critical factors that contributed to the plunge of the country which was No. 1 in 2008 and No. 4 last year.

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