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HSBC Holdings reported a 62 percent slump in annual pre-tax profit that fell way short of analysts' estimates as the British bank took hefty writedowns from its restructuring. Joanna Webster reports.

A ski resort in Pakistan destroyed by Taliban militants nearly a decade ago comes back to life thanks to improved security and a wave of new investment. Eve Johnson reports.

A ski resort in Pakistan destroyed by Taliban militants nearly a decade ago comes back to life thanks to improved security and a wave of new investment. Eve Johnson reports.

Five people were killed on Tuesday when a small plane crashed into the roof of a shopping mall after taking off from an airfield outside Melbourne, Australia's second-largest city. Samantha Vadas …

An Australian pilot and four American tourists on a golfing vacation were killed when a light plane crashed in flames into a shopping mall on Tuesday shortly after takeoff in Melbourne, Australia …