Archive for the ‘Business News’ Category:
Paypal revealed the reasons for Suspension in India
In Mumbai on Tuesday Paypal had revealed the reasons for the suspension of its services in India.
The director of global communications PayPal Anuj Nayar, explaining the matter in a blog stated that the suspension of the services of Paypal in India is the result of country’s revised licensing rules.
Though, the suspension is temporary but personal payments to and from India may last for more few months until the company resolves questions from the Indian regulators, he informed.
Subscribe to the comments for this postPaypal suspended the regulation of Payments in India
Paypal suspended the regulation of Payments in India-A few weeks ago story about Paypal suspending the account of Wikileaks, and blocking it from removing money in the account, many people pointed out how risky it is to leave any money in a PayPal account.Now Paypal targeted India by suspended incoming and outgoing of payments and aren’t allowing merchants to remove money from their accounts.
PayPal has suspended personal payments to and from India.The online payment service did not give a reason for the suspension, or say how long it would last. Along with personal payments in and out of the country, PayPal suspended transfers to local banks in India.
Oil prices extend losses on US jobs
NEW YORK: Oil prices extended losses Friday as world markets were shaken by fresh concerns over the global economic recovery stemming from debt woes in the eurozone and disappointing US jobs data.
New York’s main futures contract, light sweet crude for delivery in March, slid 1.95 dollars to 71.19 dollars after shedding about four dollars on Thursday.
London’s Brent North Sea crude for March dropped 2.54 dollars to 69.59 dollars per barrel.
Persistent anxiety over the state of public finance in the eurozone and disappointing US employment figures released Friday prompted investors to seek the safe haven US dollar
Sony Ericsson Aspen with Windows Mobile Review and Specification
Sony Ericsson Aspen with Windows Mobile 6.5.3 -There is a good news for all the Sony Ericson and Windows Mobile lover’s because Sony Ericson had announced their first official Windows Mobile device named “Sony Ericsson Aspen with Windows Mobile 6.5.3″.
The 3G Sony Ericsson Aspen is coming with Windows Mobile 6.5 with Microsoft’s My Phone service.
Specification and Features of Sony Ericsson Aspen:
QWERTY keyboard
LCD:2.4-inch QVGA touchscreen
Camera:3.2-megapixel camera
Audio:3.5mm audio jack
Connectivity:Wi-Fi, Bluetooth and AGPS
Memory:4GB microSD provided with mobile while microSD card slot supports up to 16GB
Talk Time: Up to 8hr
Supports: Quadband GSM networks, AT&T’s 3G network (U.S)
Special Features:Aspen also offers a power saving mode
Colors:Iconic Black and White Silver
The Price of Sony Ericsson Aspen has not announced yet and it will be avialable on selected markets this year.