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By Leo Marchandon Aug 31 (Reuters) – Europe is expanding its network of publicly funded AI supercomputers with a €387.8 million ($449.4 million) system from French state-owned Bull, as part of a push ​to close a computing deficit with the U.S. and ‌China. This is Bull’s largest contract ever, the company told Reuters on Monday, just months after the French state carved the business out of debt-laden Atos for up to €404 million.

JAKARTA, Aug 31 (Reuters) – Indonesian legal experts and activists voiced support on Monday for an Indonesian court ruling voiding legal provisions that made insulting the government a criminal offence, but said there were still ​doubts about the move’s effectiveness. The provisions were part of Indonesia’s updated ‌penal code, which took effect in January.

By Field Level Media Aug 31 (Field Level Media) – Heliot Ramos delivered his biggest hit for his new team when his three-run homer capped a five-run fifth inning and helped the New York Yankees roll to a 16-1 victory over the visiting Boston Red Sox on Sunday afternoon. The Yankees won for the 10th time in 14 games and moved four games ahead of the Red Sox for the AL’s top wild-card spot.

NICOSIA, Aug 31 (Reuters) – Nearly 20 people were missing on Monday after a ferry capsized off northern Cyprus, killing at least eight, as divers ​joined search teams scouring deep waters for any ‌survivors. The double-hulled ferry with 267 aboard took in water and flipped over on Sunday just off the port city of Kyrenia, leaving survivors clinging to the overturned hull. They were rescued ‌by ​passing vessels and the coastguard ⁠authorities.

By Panarat Thepgumpanat and Chayut Setboonsarng BANGKOK, Aug 31 (Reuters) – After a long deployment in the Middle East, a U.S. Navy aircraft carrier will dock in Thailand’s resort city of Pattaya this week, raising hopes of an economic boost, even as local authorities cracked down on parts of the sex tourism ​destination.

By Phoebe Seers LONDON, Aug 31 (Reuters) – Financial Stability Board Chair Andrew Bailey said on Monday that the impact of AI on cyber risk was the most immediate ​concern for the global financial system, saying the technology ‌could change the speed, scale and economics of an attack. The FSB is a global watchdog that seeks to identify and manage risks in financial systems.

SEOUL, Aug 31 (Reuters) – A ​South ‌Korean court on Monday ‌found ​Unification ⁠Church leader ⁠Han Hak-ja guilty in ​a case ⁠concerning ⁠political ​funds law ​violations and bribery ‌tied to alleged ⁠efforts to cultivate influence ⁠with ‌former ⁠President ​Yoon ‌Suk Yeol’s ​administration.

Aug 31 (Reuters) – Samsung Biologics will launch its takeover offer ​for Swiss contract ‌drugmaker PolyPeptide Group in September, the South Korean company said in an ‌offer ​prospectus on ⁠Monday. The companies had ⁠announced in July that Samsung Biologics would launch an offer ​of 1.46 billion Swiss francs ($1.80 billion), ⁠with the ⁠aim of delisting ​PolyPeptide from the Swiss ​stock exchange.

A look at the day ahead in European and global markets from- Wayne Cole. The week started with a bang in Iran as U.S. forces struck two missile launchers on Larak island in the Strait of Hormuz, while Tehran attacked U.S. ​forces in Jordan. Not helping was a post from President Trump that Kharg Island, ‌Iran’s main oil terminal, was being “blown to smithereens”, though there was no confirmation of this from the military.

Aug 31 (Reuters) – Barclays expects the U.S. Federal Reserve to raise interest rates by 25 basis points in September and again in ​December after Chair Kevin Warsh’s latest remarks ‌signalled a more hawkish stance, the brokerage said on Friday.