Economy

Middle East crisis  Economic effects
Qatar pauses restart after attack – gas prices soar

Gas prices rose on Thursday after Qatar decided to pause the restart of the world's largest liquefied natural gas facility, Bloomberg reports.

The decision was made after a series of emergency meetings following the attack on a tanker on Tuesday.

The number of ships that would call at the Ras Laffan facility will also be reduced, the news agency reports.

The price of gas climbed above 50 euros per megawatt hour for the first time since the US and Iran signed the memorandum of understanding three weeks ago. 

The future of e-commerce
Shein gets green light for Hong Kong listing

Clothing giant Shein has been given the green light for a Hong Kong listing by China's Financial Supervisory Service, AFP reports.

According to the authority, Shein plans to sell up to 341.6 million shares. A source told Reuters that the listing is likely to take place in September or October.

Previous attempts to list on the New York and London stock exchanges have not been approved by the authorities.

Shein has grown explosively in recent years with its “fast fashion” concept. In 2025, they exported goods worth the equivalent of almost SEK 140 billion.

Development of pharmaceuticals
Analyst: The drop in Astra's share price was an overreaction

Danske Bank believes that the 7 percent drop in the share price of pharmaceutical company Astra Zeneca on Thursday was an overreaction. SB1 Markets is also on the same track as Danske Bank. This is evident from analyses that Nyhetsbyrån Direkt has seen.

The decline was triggered by a study setback for the drug Wainua, which is used to treat a rare heart disease.

Danske Bank's removal of Wainua from its valuation model for Astra corresponds to a 2 percent lower estimated sales in 2030.

SB1 says the study setback for Wainua is expected to reduce the long-term sales potential from over $5 billion to $3-5 billion, according to Astra Zeneca's previous presentations.

Astra's shares are trading unchanged on Friday. Both Danske Bank and SB1 have buy recommendations for the stock.