By Gilles Guillaume and Dominique Vidalon (Reuters) -Michelin plans to hand over its Russian activities to a new entity under local management by the end of the year and rival Nokian Tyres said it would quit the country, the first Western tyre makers to give up doing business in Russia. The French company, whose Western rivals in Russia include Italy’s Pirelli and Germany’s Continental AG, said it had become impossible to resume output owing to supply chain problems related to the sanctions against Moscow. Foreign companies seeking to exit Russia over the war in Ukraine also face the prospect …