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By Hideyuki Sano TOKYO (Reuters) - Asian shares look set to extend their recovery from 12-week lows on Thursday after renewed optimism on European banks' prospects and a rise in oil prices to near $50 a barrel helped lift global shares. European banks were leading the gains with rise of 6.8 percent in the last two sessions, benefiting from a decision by euro zone finance ministers to unlock new funds for Greece and to give it a firm offer of debt relief. Energy stocks outperformed on the back of continued recovery in oil prices, which hit seven-month highs after the U.S. government reported a larger-than-expected drop in crude inventories.
ATLANTIC CITY, N.J. (AP) — Internet gambling has tremendous growth potential in the United States as ever-greater percentages of the public use smartphones, participants in a major gambling conference said Wednesday.
REDDING, Calif. (AP) — The University of Oregon is investigating whether other campus fraternities and sororities were responsible for a half-mile-wide swath of trash left behind at a California lake after one fraternity was suspended, a university spokesman said Wednesday.