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. Last Updated: 07/27/2016

For the Record

Sberbank wants the government to sell its shares through a stock exchange rather than directly to a strategic investor, deputy chief executive Anton Karamzin said Wednesday, adding that it would have a positive effect on the banking sector. (Bloomberg)

Israel Aerospace Industries said it reached an agreement to sell to Russian state-run defense company Oboronprom $400 million of unmanned aerial vehicle systems over a three-year period, the company said Wednesday. (Bloomberg)

LUKoil plans to start drilling at its West Qurna-2 field in Iraq in 2011 and aims to produce 120,000 barrels a day by the end of 2012, Paul Hawkins, director of supply and trading at LUKoil unit Litasco, said Wednesday. (Bloomberg)

Magnitogorsk Iron & Steel Works signed an agreement to supply galvanized steel to LG Electronics, the company said Wednesday. (Bloomberg)

Norilsk Nickel said Wednesday that it plans to invest about $1 billion by 2015 to cut sulfur-dioxide emissions fivefold and improve the environment in the far northern mining town of Norilsk. (Bloomberg)