A former UBS trader was today charged with offences of conspiracy to defraud in connection with the investigation by the Serious Fraud Office into the manipulation of the Libor interbank lending rate.

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Being Modern: Legal highs

Almost halfway through the traditional month of detox seems a good time to examine the grey area of legal highs. That such things exist in the first place can be traced back to the Dangerous Drugs Act of 1920, which represented Britain's first formal drug legislation. Cocaine was banned, with cannabis added to the list in 1928. LSD was prohibited in 1966, and the substance that came to be known as Ecstasy was added a few years later.

As cliffhanger ends, is it time to invest in US?

Problems still loom, but world-class companies are always worth a punt. Emma Dunkley reports

MoD supply reform hits problems

Doubts grow over business case for bringing private sector into military procurement

Mary Dejevsky: Britain should pass its own Magnitsky Act

It is possible that a 44-year-old Russian, whose body was found outside his house in Weybridge two weeks ago, died of natural causes. Such things happen. But this does not alter the fact that Alexander Perepilichnyy's death is mighty convenient. Who benefits? Other Russians whose nefarious activities stood to be exposed by his cooperation with Swiss banking investigators. Nor would they be just any other Russians, but state officials, police, tax officers and others implicated in the case of Sergei Magnitsky.

Richard O'Dwyer faced being the first person to be extradited from Britain to America to face charges of copyright infringement

Student beats extradition to US by paying compensation

Mother’s relief as TVShack founder is told he won’t face trial for ‘internet piracy’

Norton Rose merger to make it No 3

The chief executive of the London-based legal group Norton Rose has predicted the emergence of "15 or 20 truly global law firms" after announcing a merger with the US group Fulbright & Jaworski. Peter Martyr said that the combination will create the world's third biggest law firm.

Apple pares its tax bill on profits made overseas to less than 2%

Apple paid less than 2 per cent tax on its overseas profits after slashing the amount foreign taxmen receive.

Superstorm Sandy may cost States up to $50bn as stock exchange stays shut

First time bad weather has shut NY market for two consecutive days since 1888

Mitt Romney's Gulf gaffe just a ripple in this cliffhanger of a contest

For all the rhetoric and oozing contempt, there's little to choose between them on substance

Match made in heaven carry off economics award

Two "matchmakers" whose work has found practical applications in pairing pupils with schools and organs with transplant patients, yesterday won the Nobel Prize for economics.

Congratulations! You've just won the Nobel Prize

Two "match-makers" whose work has found practical applications in pairing pupils with schools and organs with transplant patients, yesterday won the Nobel Prize for economics.

A War of Choice, By Jack Fairweather

Gripping, shocking, admirably terse, this is the story of the bloody mess after the fast 2003 victory in Iraq.

No UK return planned for Wolseley

The heating and plumbing giant Wolseley has said it does not plan to follow the advertising giant WPP and shift its tax base back to the UK.

Bernanke, stick or twist?

All eyes will be on the US Federal Reserve chairman today as he decides whether the world's biggest economy needs more QE

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