The Wall Street Journal

Boeing is Considering Cutting 10% of its Employees

Boeing, a US aircraft giant, is considering a plan to cut about 10% of its employees, as the company is experiencing serious difficulties because of the COVID-19 pandemic, Wall Street Journal reports.

According to a financial statement, the aircraft manufacturer's plan includes early retirement, but also forced redundancies mainly in its commercial area.

Malaysian police raid 1MDB office, PM weighs legal options

Malaysian police raided the office of troubled state investment fund 1MDB on July 8, following a report that claimed investigators looking into the firm found nearly $700 million had been transferred to Prime Minister Najib Razak's bank account. 

Najib has denied taking any money and said the corruption allegations are part of a malicious campaign to force him out of office.