Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) US President Donald Trump has cast doubt on Ukraine's ability to defeat Russian forces, marking a dramatic shift from his previous view that the country could reclaim all of its territory.

(2) The UK is preparing to spend "well over" £100 million to send its forces into Ukraine and provide aircraft for a stabilization force if a ceasefire agreement with Russia is reached.

(3) Australia and the US have signed a pact to increase America's access to rare earths and other critical minerals in a deal to counter China's control over supply chains.

(4) Sanae Takaichi has become Japan's first female prime minister and his preparing to announce her cabinet later today after winning a vote in the lower house of parliament.

(5) Amazon Web Services. the world's largest cloud provider, said its operations have returned to normal after an internet outage disrupted many of the world's biggest websites and apps.

(6) Shares in French bank BNP Paribas plummeted by almost eight per cent after a US court ruling linked it to human rights abuses in Sudan.

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