Asian shares have started the week lower, as higher risks of broader conflict in the Middle East cloud market sentiment and bond yields continue to rise

The FIA have announced that Andretti Formula Racing are the only team who’ve been approved for a potential team entry into Formula 1. World motorsport’s governing body started a process at the start of this year for potential additions to the grid, with an eye on the new power unit regulations in 2026. The likes of Rodin Carlin, Hitech GP and an Asia-based entry were all considered but Andretti – owned by Michael Andretti, the son of 1978 F1 world champion Mario – are the only team whose application has been approved, following a partnership announced with General Motors’ brand Cadillac. The process now moves onto Formula 1 itself, which said on Monday will “conduct their own assessment of the merits of the remaining application.” “Our objective, after rigorous due diligence during the application phase, was to only approve prospective entries which satisfied the set criteria and illustrated that they would add value to the sport,” said FIA president Mohammed Ben Sulayem. “The FIA is obliged to approve applications that comply with the Expressions of Interests application requirements and we have adhered to that procedure in deciding that Andretti Formula Racing LLC’s application would proceed to the next stage of the application process. “In taking that decision, the FIA is acting in accordance with EU directives on motor sport participation and development. “Andretti Formula Racing LLC was the only entity which fulfils the selection criteria that was set in all material respects. I congratulate Michael Andretti and his team on a thorough submission. I also want to thank all prospective teams for their interest and participation.” Read More Mick Schumacher holds talks with Alpine over 2024 drive Daniel Ricciardo fitness update ahead of Qatar Grand Prix F1 2023 race schedule: When is the Qatar Grand Prix?

NEW YORK Federal Reserve Bank of Philadelphia President Patrick Harker said on Monday the central bank should not

Chris Ban confessed on Reddit about his cringeworthy 'Jeopardy!' guess and negative score, but bounced back to secure an impressive victory

Republican presidential candidates are coming to Atlanta to seek his endorsement. He’s picking fights with former President Donald

Longtime rivals Pittsburgh and Syracuse return to Yankee Stadium in hopes of turning their respective seasons around

Uma Thurman said, 'I was quite troubled by it. I found it quite unkind. There would be photographs taken, and there was a wall of shame'

xQc's reaction videos have drawn a lot of criticism in recent months

Richemont reported higher first-quarter sales as a rebound in China outweighed a decline in the Americas. Sales rose

Josh Taylor will defend the WBO super-lightweight title in a main-event clash with Teofimo Lopez this weekend, as the boxers square off in New York City. Taylor, 32, previously reigned as undisputed champion in the division, and he retained that status – as well as his unbeaten record – in his most recent fight. That was a controversial decision win against Jack Catterall in February 2022, however, and Taylor vacated two belts and was stripped of another as he pursued a rematch with the Englishman. That fight fell through earlier this year, though, setting up this weekend’s bout between Scotland’s Taylor and American Lopez. Lopez, 25, is a former unified lightweight champion, who won the titles from Vasiliy Lomachenko in 2020 before losing them to George Kambosos Jr in 2021. He has since bounced back from that sole professional loss with two straight wins at super-lightweight, however, stopping Pedro Campa in August and controversially outpointing Sandor Martin in December. Now Lopez is moving up a weight class in a bid to become a champion again. Here’s all you need to know. When is it? The fight will take place on Saturday 10 June, at Madison Square Garden’s Hulu Theatre in New York City. The main card is set to begin at 1am BST on Sunday 11 June (5pm PT, 7pm CT, 8pm ET). Ring walks for the main event are then due at approximately 4am BST (8pm PT, 10pm CT, 11pm ET). How can I watch it? In the US, the event will air live on ESPN and ESPN+. In the UK, Sky Sports will broadcast the fights. Sky Sports subscribers can watch the event live on TV, as well as on the broadcaster’s website and Sky Go app. Odds Taylor – 8/13 Lopez – 11/8 Draw – 12/1 Full odds via Betway. Full card (subject to change) Josh Taylor (C) vs Teofimo Lopez (WBO super-lightweight title) Xander Zayas vs Ronald Cruz (super-welterweight) Henry Lebron vs Carlos Ramos (super-featherweight) Jamaine Ortiz vs Humberto Galindo (lightweight) Robson Conceicao vs Nicolas Polanco (super-featherweight) Omar Rosario vs Jan Carlos Rivera (super-lightweight) Damian Knyba vs Helaman Olguin (heavyweight) Bruce Carrington vs Luis Porozo (featherweight) Click here to subscribe to The Independent’s Sport YouTube channel for all the latest sports videos. Read More ‘I could kill a guy and get away with it’: Teofimo Lopez is treading a disturbing path through boxing ‘The blame for your loss is on you’: Ryan Garcia and promoter Oscar De La Hoya in heated public dispute Joe Rogan is right: Tyson Fury has ‘no chance in hell’ against Jon Jones Who is fighting on Josh Taylor vs Teofimo Lopez undercard tonight? What time does Josh Taylor vs Teofimo Lopez start in UK and US tonight? How to watch Josh Taylor vs Teofimo Lopez online and on TV tonight

Shares of Blackstone and Airbnb rallied in extended trade on Friday after S&P Dow Jones Indices said the

Niall Horan was aware of the pitch problems and wished that Walking Eagle had taken a bit more ownership of the song on 'The Voice' Season 24 audition