NBA Finals Game 6, U.S. Open, Bonnaroo: 5 things to know Thursday

Scottish leader: Brexit signals need to chart future path

Scotland’s First Minister Nicola Sturgeon speaks during an event in Brussels Tuesday, June 11, 2019. Scottish First Minister Nicola Sturgeon is in Brussels Tuesday to meet with European Union chief Brexit negotiator Michel Barnier and European Commission President Jean-Claude Juncker. (AP Photo/Virginia Mayo)

Scotland's First Minister Nicola Sturgeon says Brexit and the "horror show" of the British government leadership contest are signs that Scotland needs to chart a different future path, probably outside the United Kingdom.

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Sturgeon said Tuesday that "increasingly, Scotland and the U.K. are on different political paths. We have to confront whether the better response to that is to have the ability to be independent and shape our own future."

Speaking to European Union experts and journalists at the European Policy Centre think-tank in Brussels, she said "the people of Scotland have to have a choice before it's too late to stop the damage of Brexit being done."

Sturgeon held talks with EU Brexit negotiator Michel Barnier and was due to meet later with European Commission President Jean-Claude Juncker.

Alibaba files for Hong Kong listing – Bloomberg

June 13 (Reuters) – Alibaba Group Holding Ltd has filed confidentially for a Hong Kong initial public offering, Bloomberg reported on Thursday, citing people familiar with the matter.

Alibaba declined to comment on the report. (Reporting by Mekhla Raina in Bengaluru Editing by Saumyadeb Chakrabarty)

Two tankers evacuated in Gulf of Oman, crew safe: sources

DUBAI (Reuters) – Two tankers have been evacuated after an incident in the Gulf of Oman and the crew are safe, four shipping and trade sources said on Thursday.

The sources identified the tankers as the Marshal Islands-flagged Front Altair and the Panama-flagged Kokuka Courageous.

There was no immediate confirmation from ship operators or authorities in Oman or neighboring United Arab Emirates, in whose territorial waters four tankers were hit last month.

Tesco like-for-like sales rise 0.2%

Tesco PLC (TSCO.LN) said Thursday that group like-for-like sales growth was 0.2% in the first quarter of fiscal 2020.

The U.K.’s biggest grocer by market share said group sales were 13.99 billion pounds ($17.79 billion) in the quarter ending May 25. The company said that the U.K. and Republic of Ireland contributed GBP11.17 billion in revenue during the period, which represents a 0.8% increase on a like-for-like basis.

The company said that U.K. online grocery sales were up 7% year-on-year, with 10% more people using the click and collect order feature.

"We have had a strong start to the year, growing ahead of the U.K. market on both a volume and value basis," Chief Executive Dave Lewis said.

Target to offer same-day delivery for $9.99 per order

In the latest salvo in the delivery wars, Target is offering same-day delivery on thousands of items for $9.99 per order through a delivery startup it purchased nearly two years ago.

Until now, Target shoppers looking to receive same-day delivery through Shipt had to go to the startup’s website and pay $99 for an annual membership or $14 for a monthly membership. This week, Target incorporated the Shipt feature on its website.

Target says the same-day option will cover 65,000 items. Shoppers using Target’s loyalty card will get a 5% discount.

Last month, Walmart rolled out next-day delivery with a minimum order of $35 on its most popular items in certain cities. Amazon has upgraded its free shipping option for Prime members who pay $119 a year to one-day delivery.

Air strikes by Saudi-led coalition hit areas north of Yemen's capital

DUBAI (REUTERS) – Air strikes by the Saudi-led military coalition fighting in Yemen targeted an area north of the capital Sanaa on Thursday (June 13), a television station run by Yemen’s Iranian-aligned Houthi group said.

Al-Masirah TV said there were two air raids. The strikes come a day after the coalition vowed to respond firmly to a Houthi missile attack on a civilian airport in southern Saudi Arabia on Wednesday that wounded 26 people.

There was no immediate confirmation from the coalition about the strikes.

This story is developing.

Consort Medical FY Pre-tax Profit Down

Consort Medical plc (CSRT.L) reported that its profit before tax for the year ended 30 April 2019 declined to 12.5 million pounds from last year’s 17.3 million pounds, as a result of special items incurred.

Adjusted basic earnings per share decreased by 1.7% to 63.4 pence per share from the prior year.

Earnings after tax decreased to 10.5 million pounds or 21.2 pence per share from 16.1 million pounds or 32.7 pence per share last year.

Profit before tax and special items was in line with the prior year at 38.2 million pounds with the benefit of lower finance costs offsetting the reduced EBIT.

Group revenue declined 1.9% year=over-year to 305.1 million pounds and by 1.7% at constant exchange rates.

The Board proposed an increased final dividend of 13.8 pence, compared to 13.6 pence paid last year.

The dividend will be paid on 25 October 2019 to shareholders on the register at 20 September 2019, if approved by shareholders at the AGM on 11 September 2019.

NBA Finals Game 6, U.S. Open, Bonnaroo: 5 things to know Thursday

NBA Finals: Warriors fight to survive in Game 6 vs. Raptors

When Game 6 of the NBA Finals tips off Thursday night (9 p.m. ET) in Oakland, one of the best players in basketball won’t be on the court. Can the Warriors keep their season alive without Kevin Durant, who suffered a devastating Achilles injury in Game 5? The odds aren’t in their favor – only one team has ever come back from a 3-1 deficit in the Finals (Cleveland in 2016) – but this is the last game in Oracle Arena, win or lose, so you better believe they’re going to come out on fire.