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. Last Updated: 07/27/2016

For the Record

Sekerbank surged the most in 19 months in Istanbul after Vatan newspaper said Sberbank was interested in buying a stake, but the Turkish bank said the sale of a stake is not on the agenda.

United Metallurgical Company, or OMK, produced 2.2 million tons of steel pipes last year and increased sales by 26 percent, with revenue climbing to 122.5 billion rubles ($4.3 billion), compared with sales of 96.9 billion rubles a year earlier, the company said.