Malaysia hires US company to search for MH370 wreckage

Malaysia has said it will pay US company Ocean Infinity up to US$70m if it can find the wreckage or black boxes of Malaysia Airlines Flight 370 within three months.

Transport Minister Liow Tiong Lai said there is an 85% chance of finding the debris in a new 9,653 square mile (25,000 sq km) area identified by experts.