(Reuters) - Connected-fitness company Peloton Interactive said on Thursday Barry McCarthy is stepping down as CEO.
(Reporting by Kannaki Deka in Bengaluru; Editing by Shilpi Majumdar)
GENEVA (Reuters) - Rebuilding homes in the Gaza Strip could drag into the next century if the pace follows the trend of previous conflicts, according to a U.N. report released on Thursday.
Nearly seven months of Israeli bombardment have caused billions of dollars in damage, leaving many of the crowded strip's high-rise concrete buildings reduced to heaps, with a U.N. official referring to a "moonscape" of destruction.
Palestinian data... (continue reading...)
(Reuters) - Auto parts supplier BorgWarner raised its full-year adjusted profit outlook on Thursday, aided by sustained demand from its exhausts, turbos and emission control systems.
BorgWarner, which supplies parts to Ford Motor and Volkswagen, develops and manufactures products to improve fuel economy, EV powertrains, chargers and battery systems, among other components.
The company has benefited from automakers rushing to put out... (continue reading...)
(Reuters) - U.S. oil and gas producer ConocoPhillips missed Wall Street estimates for first-quarter profit on Thursday, as demand concerns led to a sharp fall in natural gas prices.
The Houston, Texas-based company posted adjusted earnings of $2.03 per share for the quarter ended March 31, compared with analysts' average estimate of $2.04 per share, according to LSEG data.
(Reporting by Sourasis Bose in Bengaluru; Editing by Shinjini Ganguli)
By Luis Jaime Acosta
YARI PLAINS, Colombia (Reuters) - A group of children holding red, yellow and blue balloons – the colors of Colombia's flag – run to the playground of a newly-opened school built and paid for by the Estado Mayor Central (EMC) guerrillas.
The new school - which opened last month in a troubled area in the country's south - is just one example of how the group is consolidating control of certain regions, gaining... (continue reading...)
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