Drivers offered share in EV charging start-up Bonnet

Bonnet, an electric vehicle charger aggregator in the UK and Europe, is inviting its more than 150,000 strong driver community to join top-flight global investors in taking a stake in the company, as it accelerates its popular service across the continent.

This news comes as Bonnet has more than doubled its coverage in Europe in just three months, and now boasts over 200,000 chargers where EV drivers can easily start charging through its award-winning app in 12 countries.

Since launching in 2021, Bonnet has rapidly expanded its user-friendly and reliable way to charge electric cars for an ever-increasing number of drivers. With its success, the London headquartered start-up now wants to give its users an opportunity to take a stake in its mission to make charging accessible for all.

Over the next year, Bonnet plans to build on its unique product with a large focus on reliability and to further … Read more

Stocks Sink to End Bruising February

Equities in Toronto backpedaled to end a mostly negative February, weighed mostly on Tuesday by energy and industrial issues.

The TSX shed 38.94 points to close Tuesday at 20,221.19.

The Canadian dollar doffed 0.38 cents to 73.28 cents U.S.

Energy proved the biggest burden on the market Tuesday. Baytex Energy sank 53 cents, or 9.1%, to $5.30, while Africa Oil dipping 11 cents, or 3.8%, to $2.79.

In the industrial sector, Canadian National Railway moving backward $1.89, or 1.2%, to $155.51, while Waste Connections dumped $2.14, or 1.2%, to $182.35.

Utilities also were walloped, ATCO retreated 63 cents, or 1.5%, to $42.41, while Fortis dipped 76 cents, or 1.5%. to $42.41.

Materials tried to right the ship, with Algoma Steel climbing 76 cents, or 7.4%, to $11.09, while First Quantum Minerals solidified $1.99, or 7.1%, to $29.91.

Gold stocks prospered, most notably, Eldorado Gold, up 38 cents, or 3.1%, to … Read more

Renters’ set to get protection as watchdog launches probe into housing malpractice

Housing tenants could be given extra protections and housebuilders forced to change their practices, the competition watchdog has warned.

The Competition and Markets Authority (CMA) has announced a probe into the building and rental sectors, saying it would “need to find” any competition issues that might be holding back house building in the UK.

“The quality and cost of housing is one of the biggest issues facing the country,” said CMA chief executive Sarah Cardell.

The watchdog pledged to look at four areas in the house building sector – build quality, land management, innovation, and oversight by local authorities. It said that it would investigate whether the practice of “banking” land is anti-competitive.

This is when a property developer buys a plot to build on at some point in the future, but then does not develop it for a long time.

It is estimated companies are sitting on enough land … Read more