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Yandex 2Q Profit Beats Expectations After Google Ruling

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MOSCOW--Yandex NV's (

) second-quarter profit beat analyst expectations thanks to new services and lesser competition from Google, the operator of Russia's most popular search engine said Thursday.

Yandex, which is listed in New York and is one of Europe's largest internet companies, said second-quarter adjusted net income rose 40% on the year to 3.9 billion rubles, which the company said is equivalent to $60.8...