GrainCorp

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A young boy works at a trading post on the floor of the New York Stock Exchange yesterday. Traders traditionally bring their children to work for the half day of trading on the day after the Thanksgiving holiday. Photograph: Reuters/Brendan McDermid

Markets had a quiet day yesterday, taking their lead from the US, where the Thanksgiving holiday continued to set the mood. In Europe, positive news o(...)

 The unexpected rejection of ADM’s A$2.2 billion takeover of GrainCorp was the first time a US company has been blocked from buying assets in that country. Photograph: Daniel Acker/Bloomberg

Archer-Daniels-Midland’s failure to win Australian approval to buy GrainCorp opens the door for share buybacks, bigger dividends or other acquisitions(...)