Writing the summary…
Trump rejects Iran’s seven-day peace deal to reopen strait of Hormuz

Original reporting
The Guardian: read the full reportRelated stories
Nvidia releases software platform to stop AI agents from misbehaving
Nvidia says its news software could have prevented OpenAI's HuggingFace incident.

Avanti West Coast services to be nationalised from March
Rail operator linking London to Birmingham, the north-west and Glasgow had highest number of cancellations across network Avanti West Coast will be renationalised in spring, as Andy Burnham declares “enough is enough” for passengers who have put up with a rail service “that has failed them time and time again”. The rail operator, which is one of the worst in the country for train delays and cancellations, will come under public ownership from 7 March when its contract ends. Continue reading...

UK housebuilders’ stocks surge on new homes scheme for first-time buyers – business live
Rolling coverage of the latest economic and financial news European gas prices are also rising this morning . The benchmark Dutch contract is up 2.9% to €74.185 per megawatt hour (MWh), while the the British front-month contract is up 2.7% to 184.64 pence per therm. And in the world of energy – the UK’s grid operator has warned that electricity supply could be tight this evening. There is no risk to customer electricity supplies and Great Britain’s electricity system remains secure. Continue reading...
CNBC Daily Open: A tale of two truces
Chinese president's state visit to Washington appears to have produced more personal diplomacy than breakthroughs.

Tourism tax needs to be more flexible in Wales, warns expert
Anglesey, Conwy and Gwynedd councils have all put a pause on introducing the nightly tourist tax.
U.S. Treasury yields edge higher amid pressure on global government bonds
Treasury yields edged higher on Monday as investors look ahead to fresh economic data releases this week.