World stocks rise as oil prices shrug off Doha failure

By Nigel Stephenson LONDON (Reuters) - European shares hit three-month highs on Tuesday following gains on Asian bourses as a rise in oil prices, partly due to a workers' strike in Kuwait, boosting investors' appetite to take on risk. Oil prices had already shrugged off the weekend failure of producers to agree to freeze output at a meeting in Doha, but Tuesday's gains drove the commodity-linked Australian dollar to a 10-month high against its U.S. counterpart. "As long as oil remains above $43