eBay plans to expand in Russia despite sanctions

MOSCOW: Internet auction site eBay Inc said it planned to expand in Russia, still its top priority among emerging markets even though the country faces increasing Western sanctions over the Ukraine crisis. 

The United States last week imposed a new round of sanctions on Russia, its toughest since the beginning of the Ukraine crisis, and has put pressure on the European Union to ratchet up measures to punish Moscow over the downing of a Malaysian airliner, which Kiev and the West blame on pro-Russian rebels.