European Markets Rise as Fed Minutes Assuage Rate Fears; New Britain Palm Oil Lures Large Premium

European stocks rebound from two-month lows, cheered by Federal Reserve minutes that suggested that U.S. rates weren’t heading higher anytime soon. Weak German export figures underscore the Fed’s qualms about the global growth outlook. London-listed, Papua New Guinea food producer New Britain Palm Oil soars after Malaysia’s Sime Darby offers a hefty premium for its stock, but sugar group Suedzucker fallers in Frankfurt on concern about the earnings outlook. Aluminum producer Norsk Hydro rises on the coat tails of rival Alcoa’s third-quarter earnings news. Laura Board reports from London.