Japanese stocks surged to a record high on Monday following Prime Minister Sanae Takaichi's Liberal Democratic Party's (LDP) historic election victory, while in Europe, former French Culture Minister Jack Lang resigned from the Arab World Institute amid an investigation into his financial ties to Jeffrey Epstein. Meanwhile, the UK-based make-up brand Barry M was acquired by rival Warpaint, and Danish product-scanning apps gained traction amid renewed calls to boycott US goods.
The LDP secured 316 out of 465 seats in Sunday's election, marking the first time a single party has won a two-thirds lower house majority since Japan's parliament was established in its current form in 1947, according to BBC Business. The Japan Innovation Party, the LDP's coalition partner, won in 36 more constituencies, bringing their combined total to 352 seats. This resounding mandate led to a surge in the Nikkei 225, which briefly surpassed 57,000.
In France, Jack Lang's resignation from the Arab World Institute came after revelations about his past financial links to the late financier Jeffrey Epstein, as reported by Euronews. The resignation followed the opening of a financial prosecutor's investigation into Lang and his daughter Caroline on suspicion of "aggravated tax fraud laundering," according to authorities.
Across the English Channel, the make-up brand Barry M, which was founded in north London in 1982 by Barry Mero, was bought out of administration by cosmetics rival Warpaint, according to BBC Business. The 1.4 million takeover will result in the closure of Barry M's factory in the capital and put 100 jobs at risk. Barry M had been a favorite of make-up fans and drag queens for its eye-catching colors, and was stocked in around 1,300 shops across the UK.
In Denmark, mobile apps designed to help shoppers identify and boycott American goods have seen a surge in use, as reported by Euronews. This increase follows US President Donald Trump's repeated desires to acquire Greenland.
Finally, Al Jazeera's new Director of Digital News Content, Jamal Elshayyal, spoke about forging his own path at the network and how those lessons will guide Al Jazeera through the AI age, as reported by Al Jazeera.
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