
Online payment company PayPal denied on Tuesday plans to start business in Russia and Ukraine in September. Last week PayPal said on its website Russian and Ukrainian users could start accepting money on their PayPal accounts from foreign users from September 24, but its spokesman said that it was a mistake. Russian users can only send money via PayPal but they cannot withdraw money from the system. Russia is one of the fastest growing payment markets in the world with online payments turnover skyrocketing 75 percent to about 70 billion rubles ($2.43 billion) in 2010.
GMT 17:56 2018 Wednesday ,17 January
Ericsson to write down 1.4 billion euros in fourth quarterGMT 19:16 2018 Saturday ,13 January
China shuts Marriott website over Tibet error, scolds other firmsGMT 17:31 2018 Thursday ,11 January
UK group bids for Europe's biggest aluminium smelterGMT 17:24 2018 Thursday ,11 January
UK supermarket Sainsbury's lifts outlook after bumper ChristmasGMT 17:52 2018 Tuesday ,09 January
H&M removes 'black boy' ad after racism accusationGMT 19:38 2018 Wednesday ,03 January
Petrobras pay $2.95bn to settle US class action on corruptionGMT 13:49 2018 Wednesday ,03 January
China’s Ant Financial drops $1.2 billion MoneyGram deal as US approval failsGMT 17:47 2017 Sunday ,31 December
BA owner to buy bankrupt Austrian airline Niki
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