* This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine

MOSCOW, July 26 (Reuters) - Russian internet giant Yandex on Tuesday reported a 45% year-on-year increase in total revenues in the second quarter to 118 billion roubles ($2 billion) and rebounded from last quarter's net loss to post adjusted net income of 13.1 billion roubles.

Yandex, one of Europe's largest internet businesses, registered in the Netherlands, in late April said it was selling its news aggregator platform Yandex News and content recommendation service Yandex Zen to its Russian rival VK , but did not disclose terms.

The company has previously acknowledged that problems started appearing after Moscow sent troops into Ukraine on Feb. 24. Trading in Yandex's Nasdaq-listed shares were suspended in February, and it withdrew full-year guidance in April.

(Reporting by Reuters)