Business Today: U.S. second-quarter growth revised up to a brisk 4.6 percent pace

		Click to View in Browser 09/26/2014 U.S. second-quarter growth revised up to a brisk 4.6 percent pace WASHINGTON, Sept 26 (Reuters) - The U.S. economy grew at its fastest pace in 2-1/2 years in the second quarter and activity was broad-based, in a bullish signal for the remainder of the year. Bill Gross leaves Pimco for Janus (Reuters) - Bill Gross, one of the bond market's most renowned investors, is leaving Pimco, the asset management firm he founded, for rival asset management firm Janus Capital Group, Janus said on Friday. Blackberry, Nike among most active before opening bell NEW YORK (Reuters) - U.S.-listed shares of Blackberry Ltd were leading premarket actives on the Nasdaq Friday after the company posted quarterly results. BlackBerry reports smaller-than-expected loss; shares rise TORONTO (Reuters) - BlackBerry Ltd reported a much smaller-than-expected quarterly loss on Friday and said it was turning its focus to growth and investments. Its shares rose nearly 5 percent. Alibaba options set for strong demand on market debut NEW YORK (Reuters) - The newest way to bet on the fortunes of Chinese e-commerce heavyweight Alibaba Group Holding Ltd will debut on Monday when its stock options go live for trading, and investors should look for the initial action to be very busy, but also choppy and potentially pricey. Hyundai-led group agrees to $10 billion land deal, stokes union rage SEOUL (Reuters) - Hyundai Motor Co and its two affiliates approved Asia's biggest property deal since the financial crisis on Friday when their board members agreed to pay 10.55 trillion won ($10.12 billion) for a trophy plot of land to house a new headquarters in downtown Seoul. China official PMI seen steady at 51.2 in September but pressures remain BEIJING (Reuters) - Growth in China's manufacturing sector probably steadied in September as factory orders held up, a Reuters poll showed, providing some welcome relief for those who worry the Chinese economy is quickly losing steam. UniCredit says sanctions hurting Europe more than Russia: Czech media PRAGUE (Reuters) - Sanctions put in place amid the crisis in Ukraine have caused more problems for Europe than Russia, the chief executive of Italian bank UniCredit was quoted as saying in an interview with a Czech newspaper. Sharp to seek job cuts in Europe, forge ties with local firms TOKYO (Reuters) - Japan's Sharp Corp said on Friday that it would seek 300 job cuts in Europe and pursue cooperative ties in household electronics with two companies in the region in a renewed round of restructuring of its European operations. Air France digs in on remains of low-cost plan, strike continues PARIS (Reuters) - Air France-KLM sought on Friday to rescue what remains of its low-cost airline expansion plan and shore up its chief executive's authority as a damaging strike by French pilots entered a twelfth day. Related Video Japan inflation target still ambitious Asia Week Ahead: Eyes on China's factories Economic News Fed's Lockhart says weak demand puts rate hike timetable in doubt ECB's Coeure sees stronger demand for TLTROs from Dec A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today   The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today   » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend