Ready for Takeoff? Check Your Investment Again

Ready for Takeoff? Check Your Investment AgainDue diligence in investments, which involves both quantitative and qualitative work, is similar to security checks in air travel in the sense that how much work is done, and the attention with which it is executed can make the difference between getting on something well-conceived and well-run and something potentially harmful. Of course, there are investments that are both liquid and highly regulated that are less likely to require in-depth…

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Rolls-Royce Investing $225M to Develop Turbines

Rolls-Royce Investing $225M to Develop TurbinesRolls-Royce Canada is investing $225 million, including a $30-million loan from the Quebec government, to develop new technologies for its industrial power generation turbines. The research and development funding over five years will focus on improving existing turbines and possibly developing new products used by the oil and gas and power industries. The Montreal-based division of the British aerospace engine giant said it is seeking to develop new combustion technology…

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