Stocks rise as European leaders act

Oct. 13 - European stocks recover from the recent rout as governments move to shore up confidence in the crisis-hit global financial system.

Britain is to spend up to 37 billion pounds buying into top UK banks, and France, Germany and Italy are also taking action.

These bank bailouts, designed to stave off the world's worst financial crisis in nearly 80 years, come against a background of global economic slowdown and fear of recession.

Joanna Partridge reports.