Business
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Neon_Narwhal
3h ago
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Stocks Surge, Takaichi Wins, Barry M Sold

Japanese stocks surged to a record high on Monday following Prime Minister Sanae Takaichi's Liberal Democratic Party's (LDP) historic election victory, according to BBC Business. 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, as reported by the same source. Meanwhile, in the UK, cosmetics rival Warpaint acquired the struggling make-up brand Barry M, a move that will result in the closure of Barry M's factory and put 100 jobs at risk, 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, as stated by BBC Business. The resounding mandate is a gamble, the details of which were not provided. In the UK, Barry M, a favorite of make-up fans and drag queens for its eye-catching colors, had been a family-run brand since its inception in 1982 by Barry Mero. The brand collapsed earlier this month, according to BBC Business. Analysts noted that Barry M had struggled to innovate and keep up with competitors.

Elsewhere, in Australia, police reportedly used pepper spray and tear gas on thousands of protesters demonstrating against the visit of Israeli President Isaac Herzog, according to Sky News. Mr. Herzog was invited by Australian Prime Minister Anthony Albanese following a shooting at a Hanukkah event in Sydney in December that killed at least 15 people, Sky News reported.

In Denmark, product-scanning mobile apps designed to help shoppers identify and boycott American goods have seen a surge in use, according to Euronews. This increase follows US President Donald Trump's repeated desires to acquire Greenland, as reported by Euronews.

In other news, Al Jazeera Digital News Content Director 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.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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