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Bogle also believed that the corporate structure of most fund companies poses an inherent conflict of interest, because a public fund company could put the interests of investors in its stock ahead of those owning shares of its mutual funds. Vanguard has a unique corporate structure in which its mutual funds and fund shareholders are the corporation's "owners." Profits are plowed back into the company's operations, and used to reduce fees.

Boeing Max jets were grounded worldwide following two fatal crashes - one on Oct 29 last year in Indonesia and the other on March 10 in Ethiopia - that killed a total of 346 people.

Bombs left by Japanese invaders have been found many times in Heihe in the past.

Both State-owned and private Chinese companies from many different sectors received awards after making it onto the Grant Thornton Tou Ying Tracker 2017, which is a list of the top 30 fastest-growing Chinese-owned enterprises in the UK. The list was compiled by the London-based accountancy company in collaboration with China Daily.

Bill Gates. [Photo/VCG]