The total cost of Vanguard's securities-lending program is well under 1%, says Tom Higgins, chief financial officer of the funds.

WSJ: Is Your Fund Pawning Shares Off You?

Tom Higgins, the boss of Best Western, says free access is becoming the norm because travellers object to paying for what they now regard as an essential service.

ECONOMIST: Hotel internet access

Australia's Neil Robertson beat Ireland's Fergal O'Brien 5-2, world number five John Higgins beat Tom Ford 5-4 and Joe Perry beat Matthew Stevens 5-1.

BBC: O'Sullivan progresses in Shanghai