Japan and Switzerland both avoid falling into recession – business live
Rolling coverage of the latest economic and financial news, as Japan misses growth forecasts for the final three months of 2025An alarming stock market statement from skin health company SkinBioTherapeutics has knocked its share price by over 40% today, adding to a 50% tumble on Friday.SkinBioTherapeutics told investors that its Board has been “urgently conducting an investigation of the business” since its CEO, Stuart Ashman, resigned on Friday having been suspended ahead of “an investigation into matters relating to his conduct”.In addition to the initial concerns around his conduct, in light of the newly available information, the Board has reason to believe that the former CEO has misrepresented material information to the Board and senior management, the Company’s auditors and advisors. Continue reading...
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Rolling coverage of the latest economic and financial news, as Japan misses growth forecasts for the final three months of 2025
An alarming stock market statement from skin health company SkinBioTherapeutics has knocked its share price by over 40% today, adding to a 50% tumble on Friday.
SkinBioTherapeutics told investors that its Board has been “urgently conducting an investigation of the business” since its CEO, Stuart Ashman, resigned on Friday having been suspended ahead of “an investigation into matters relating to his conduct”.
In addition to the initial concerns around his conduct, in light of the newly available information, the Board has reason to believe that the former CEO has misrepresented material information to the Board and senior management, the Company’s auditors and advisors.
Continue reading...
