EU Google probe encourages investors in Russia competitor Yandex

By Ryan Vlastelica NEW YORK (Reuters) - The European Union's antitrust probe into Google sparked a big rally in Russian search engine Yandex NV last week, even though the "Russian Google" still faces significant challenges, competitive and otherwise. Yandex has amassed a $6.54 billion (£4.38 billion) market capitalization, mainly by selling advertising against the web browser used on 64 percent of Russian desktop computers. With Russian stocks recovering and the EU looking into w