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UPDATE 1-Serco says on road to recovery, shares leap

Aug 4 (Reuters) - British outsourcing firm Serco Group Plc
raised its 2016 profit forecast for the second time this
year and also said Britain's vote to leave the European Union
could bring opportunities as well as costs.

Australia's IFM makes highest bid for EDF's Polish heating assets - report

WARSAW, Aug 4 (Reuters) - Australian fund management firm
IFM and its unit Veolia Energia Polska have submitted the
highest offer to buy Polish heating assets from France's EDF
, the Puls Biznesu daily said, quoting unidentified
sources.

Consultant RPS forecasts return to profit this year

Aug 4 (Reuters) - RPS Group Plc, an infrastructure
and resources consultant, said it expected to move back into the
black for the year, boosted by better performance in its energy
business due to cost-cutting initiatives and lower
reorganisation costs.

UPDATE 1-Hit by low oil prices, Fugro makes further cuts, disposal

AMSTERDAM, Aug 4 (Reuters) - Marine engineer Fugro
announced a further 600 job cuts and the sale of one
of its business units as it battles to cut costs in response to
weak oil and gas prices.

Fugro H1 earnings slide by half, hit by energy market woes

AMSTERDAM, Aug 4 (Reuters) - Marine engineer Fugro
on Thursday reported a sharp fall in core earnings in
the first half that missed analysts' expectations, hit by the
rout in the oil and gas market.

British PM May promises to help small businesses navigate Brexit

LONDON, Aug 4 (Reuters) - British Prime Minister Theresa May
will tell small business owners on Thursday that she wants to
help them take advantage of the opportunities provided by
Britain's vote to leave the European Union.

SE Asia Stocks-Rise as oil prices extend gains; Vietnam outperforms

By Aparajita Saxena
Aug 4 (Reuters) - Southeast Asian stocks rose on Thursday,
with energy shares leading gains in five of the six markets, as
global crude prices continued their uptrend and investors
counted on the Bank of England to cut interest rates to a record
low.
Oil prices rose more than 3 percent in the previous session
after a larger-than-expected gasoline draw eased concerns about
global supply glut.

The futures, the physical, and the steel and iron ore prices

The winds of change are blowing in the global steel market, as heightened volatility and macroeconomic factors increasingly affect the supply chain.

As U.S. crude wobbles near $40, new oil rally in doubt

Aug 4 (Reuters) - U.S. crude's slide below $40 a barrel this
week has hardened the resolve of oil market bears to drive
prices lower, with oversupply, refining cutbacks and a breakdown
in the oil/dollar trade spelling an end to this year's rally.

Enbridge's Sandpiper looks to be latest victim of pipeline overbuild

HOUSTON/NEW YORK, Aug 4 (Reuters) - The long-planned and
oft-delayed Sandpiper pipeline through the U.S. Midwest may not
be dead, but it appears to be on life support, a likely casualty
of the oil-and-gas industry's infrastructure overbuild amid a
two-year global oil rout.

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