Shanghai / Bloomberg The Chinese are spending more time at airports and on aircraft as flight delays worsen. The average delay for flights last year was 21 minutes, 2 minutes worse than in 2014, the Civil Aviation Administration of China said in a report dated May 30 on its website. Air traffic control issues was the biggest reason for …

  Singapore / Bloomberg Singapore’s state-owned investment firms Temasek Holdings Pte and GIC Pte, long-term Alibaba Group Holding Inc. investors, bought a combined $1 billion of stock in the Chinese e-commerce behemoth, the second-biggest stakes being sold by SoftBank Group Corp. The purchases add to the technology holdings of both investment firms. Temasek and GIC were early investors in Alibaba …

  London / Bloomberg Cathay Pacific Airways Ltd. said it’s talking with Airbus Group SE about the planemaker’s proposal for a bigger version of the newest A350 wide-body, a model which needs to attract a strong set of initial customers to get the go ahead. Cathay, which already has 48 A350s on order, is keen on a so-called stretched variant …