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 BBC Business. Meanwhile, in the UK, make-up brand Barry M was bought out of administration by rival Warpaint, a move that will see 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, BBC Business reported. The resounding mandate is a gamble, the outlet noted. In the UK, Barry M, founded in north London in 1982 by Barry Mero, had struggled to innovate and been overtaken by competitors, analysts said, according to BBC Business. The 1.4 million takeover by Warpaint comes after Barry M collapsed earlier this month, BBC Business reported. The brand, a favorite of make-up fans and drag queens for its eye-catching colors, is stocked in around 1,300 shops across the UK, according to the same source.
Elsewhere, in Australia, police reportedly used pepper spray and tear gas on protesters demonstrating against the visit of Israeli President Isaac Herzog, Sky News reported. Mr. Herzog was invited to Australia by Prime Minister Anthony Albanese following the shooting at a Hanukkah event in Sydney in December, according to Sky News.
In other news, mobile apps designed to help shoppers identify and boycott American goods have seen a surge in use in Denmark, Euronews reported. This comes after US President Donald Trump's repeated desires to acquire Greenland, according to Euronews.
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, according to Al Jazeera.
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