The European Union, Australia, India, Malaysia, Singapore, and Turkey ground all Boeing 737 MAX 8 jets. This means 40% of the global fleet is now grounded, with Indonesia, China and several airlines grounding their aircraft yesterday. Boeing states they will issue a software update for the model within weeks.
An Austrian court grants a United States request to extradite Ukrainian businessman Dmytro Firtash. U.S. officials accuse Firtash of being involved in a scandal where he allegedly paid US$18.5 million in bribes for a permit to mine titanium in India, something Firtash denies. $
Indian Prime Minister Narendra Modi and Russian President Vladimir Putin sign several agreements including a $12.9 billion defense and energy deal. Russian state oil major Rosneft pays for a controlling stake in both India's Essar Oil and port facilities that it already owns. $