London (AFP) - 13:04 GMT - Violent clashes - A pensioner in Marupol named Alla says she heard the shooting overnight in which three people were killed and saw a Ukrainian military helicopter fly overhead as it happened.
Morgan Stanley is not committed to a timeframe for hitting a minimum return target for shareholders, its chief financial officer said on Thursday. "We don't have a timeline" on reaching a previously announced target of a 10 percent return on equity, a measure of how profitably banks can make use of shareholder funds. That seemed to differ from previous guidance from Morgan Stanley chief executive James Gorman, who had said at the company's May 2013 annual meeting that it would hit its 10 percent return on equity target some time in 2014. Porat also said that Morgan Stanley reduced its fixed-income risk-weighted assets by 5.0 percent in the first quarter, Chief Financial Officer Ruth Porat said on Thursday.
By Barbara Lewis BRUSSELS (Reuters) - The European Union told Russian President Vladimir Putin it is willing to hold talks with Moscow and Kiev on gas security as the bloc scrambles to defuse a deep political crisis over Russia's annexation of Crimea. European Commission President Jose Manuel Barroso, replying to a letter Putin sent last week to 18 EU countries, accepted Putin's proposal for three-way talks. "The European Union agrees on your proposal for consultations with the Russian Federation and Ukraine with regard to security of gas supply and transit," Barroso said in his reply, released by the European Commission on Thursday.