The Nobel memorial prize in economics is the last to be announced this year. The Royal Swedish Academy of Sciences will announce the winners Monday in Stockholm. Three researchers who probed the process of business innovation won last year for explaining how new products and inventions promote economic growth and human welfare, even as they leave older companies in the dust. Nobel honors were announced last week in medicine, physics, chemistry, literature and peace. Alfred Nobel established those five prizes, and the economics prize was established later by Sweden's central bank as a memorial to him. The prize money this year is about $1.2 million.

The Nobel Peace Prize awarded to Navi Pillay has highlighted longstanding tensions between Israel and global institutions pledged to uphold international law. Pillay, a veteran jurist, led a U.N.-backed investigation accusing Israel of genocide in Gaza, something it vehemently denies. She has served at the highest levels of international organizations established after the Second World War to prevent a recurrence of its horrors. Israel, founded in the wake of the Holocaust, says those institutions are biased against it and has largely refused to cooperate with them.

The Nobel Peace Prize will be awarded Friday. The Norwegian Nobel Committee received 287 candidates and just over a quarter of them are organizations. Experts say the committee typically focuses on the durability of peace, the promotion of international fraternity and the quiet work of institutions that strengthen those goals. Venezuelan opposition leader María Corina Machado received last year’s peace prize for her struggle to achieve a democratic transition in the South American nation. Prognosticators say possible contenders this year include the International Space Station, emergency teams in Sudan, children’s advocates in Ukraine and two top international courts.

The Nobel Prize in literature will be awarded by the Swedish Academy in Stockholm. The announcement will be held Thursday. Last year, Hungarian writer László Krasznahorkai, whose surreal and anarchic novels combine a bleak world view with mordant humor, won the Nobel Prize in literature for work the judges said upholds the power of art in the midst of “apocalyptic terror.” The Nobels for medicine, physics and chemistry were announced earlier this week. The Nobel Peace Prize announcement is expected Friday and the final Nobel this year will be the economics award Monday. The prize money this year is about $1.2 million, whether for an individual, small group of laureates or organization.

STOCKHOLM (AP) — The Royal Swedish Academy of Sciences will award the Nobel Prize in chemistry Wednesday in Stockholm.

The Nobel Prize in physics will be announced by the Royal Swedish Academy of Sciences in Stockholm. The prize will be awarded Tuesday. Last year, three scientists won the Nobel Prize in physics for research on the strange behavior of subatomic particles called quantum tunneling that enabled the ultra-sensitive measurements achieved by MRI machines and laid the groundwork for better cellphones and faster computers. This week’s awards continue Wednesday with the chemistry prize and literature on Thursday. After Friday’s peace prize is awarded, the Nobel Memorial Prize in Economic Sciences will be announced on Oct. 12. The prize money this year is about $1.2 million.