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LOS ANGELES (AP) — The Los Angeles Rams keep doing just enough to win, and a team that appeared to be rebuilding this season has climbed all the way to the brink of another playoff berth. The Rams improved to 9-6 and took control of the NFC West on Sunday with their fourth straight victory since Thanksgiving. Their 19-9 win over the New York Jets in sub-freezing temperatures was not dominant — they trailed 9-6 entering the fourth quarter, and they were outgained by nearly 100 yards — but Los Angeles still matched its largest margin of victory this season and continued to look like a looming nightmare for any postseason opponent. The Rams have now won eight of 10 since their bye week, when they were 1-4 and the NFL world wondered whether they would trade Super Bowl MVP receiver Cooper Kupp or even quarterback Matthew Stafford to spur their roster reboot. Los Angeles decided not to punt its season, and Sean McVay's team has driven from last to first. “You don’t want to ride the emotional roller coaster that these games can take you on,” McVay said Monday. “You do have the ability to stay steady, to stay the course and try to right the ship. Certainly that’s not complete by any stretch, but our guys have done an excellent job of not allowing the way that we started, especially in those first five games, to affect what we did coming off that bye.” The Rams also have clinched their seventh winning record in eight regular seasons under McVay — an achievement that shouldn’t get lost in the recent successes of a franchise that had 13 consecutive non-winning seasons before it rolled the dice and hired a 30-year-old head coach back in 2017. After winning it all in February 2022 and then having the worst season by a defending Super Bowl champion in NFL history, the Rams have made the most of their time in between true powerhouse status and a major rebuild. They also started slowly last year, entering their bye at 3-6 before a 7-1 finish. The Rams can become the first team in NFL history to make back-to-back postseason appearances after being three games under .500 each year. These Rams don't stand out on either side of the ball, although their talent level appears to be higher on offense than defense. Instead, they've mastered a delicate balance of complementary football — the offense and defense covering each other's weaknesses and setting up their teammates for success. The Rams have scored more than 30 points just once all season, and they managed only 31 points in their last two games combined. Their defense has allowed only one touchdown in the past two games — but right before that, Josh Allen and the Bills racked up 42 points and 445 yards in the most recent of a few defensive stinkers from LA this season. The Rams keep winning anyway, and now they can clinch McVay's fourth NFC West title by beating Seattle in two weeks. “Fortunately, we’re in a position where you don’t necessarily have to rely on other things to happen if you just handle your business,” McVay said. Kyren Williams and the offensive line are driving the Rams' offense. After a slow start caused partly by McVay being forced to abandon the running game when the Rams repeatedly fell behind early, the 2023 Pro Bowler has surged to career highs of 1,243 yards and 13 rushing touchdowns with his 122-yard performance in New York. Stafford's 110 yards passing were his fewest with the Rams and the second-fewest in his 16-year career from a full game. Sunday's weather was a major factor, but the Rams must throw the ball effectively to somebody other than Puka Nacua. Kupp has just 193 yards receiving in his past five games combined. Defensive back Jaylen McCollough made a career-high nine tackles in only 31 snaps. The undrafted rookie continues to be a remarkable find, earning playing time alongside veteran safeties Quentin Lake and Kam Curl and fellow rookie Kam Kinchens. CB Cobie Durant didn't play for the second straight week despite being cleared to return from his bruised lung. Veteran Ahkello Witherspoon got every snap in place of Durant, who started LA's first 13 games. McVay praised Witherspoon's recent play when asked why Durant didn't get on the field in New Jersey. The Rams' improved health, particularly on both lines, is the key to their surge. McVay reported no new injuries out of the road trip following Tyler Higbee's successful season debut. 12-1 — The Rams’ record in December with Stafford as their starter over his four years in LA. The Rams need to win at least one of their final two games to wrap up their first NFC West crown since 2021. They host eliminated Arizona on Saturday night, but can't clinch the division unless the Seahawks lose to moribund Chicago. The Rams are currently the NFC's third seed, but that doesn't matter a whole lot because both the third and fourth seeds will have to play one of the NFC North's two powerful wild-card teams in the opening round. AP NFL: https://apnews.com/NFLIn this interview, Hiriyanna Narayanaswamy, Chief Financial Officer of Al Maha Petroleum Products Marketing Company, discusses the key drivers of business transformation in the oil marketing sector, including energy transition, economic diversification, and digitalisation. He also shares insights on the role of emerging technologies in finance function, the industry’s financial risks, and offers advice for aspiring CFOs in Oman. The downstream oil marketing sector is undergoing significant transformation, driven by three main factors: energy transition, economic diversification, and digitalisation. The energy transition is at the forefront of this change. The global shift towards renewable energy and carbon neutrality is reshaping the traditional oil marketing business. Companies are increasingly investing in cleaner fuels, alternative energy sources, and reducing their carbon footprints across the supply chain. Oman is committed to achieving net-zero carbon emissions by 2050, with growing opportunities in green investments. Regarding economic diversification, Oman’s economy has historically relied on oil revenues, but the drive towards diversification is presenting both challenges and opportunities. While navigating oil price volatility, it’s crucial to explore participation in growing non-oil sectors such as tourism, logistics, manufacturing, and technology. Global trends in digitalisation are also reshaping the sector. Implementing new technologies such as AI, automation, and data analytics is essential for staying competitive, but it requires significant investment and focus on addressing concerns around cybersecurity. The finance function plays a key role in driving these changes, acting as a ‘strategic enabler’. Finance ensures that investments, innovations, and operations align with the organisation’s long-term vision for sustainable growth and resilience in this rapidly changing energy landscape. As sustainability becomes a core focus, the finance function will also ensure transparent reporting and accurate tracking of Environmental, Social and Governance (ESG) metrics, building trust with stakeholders and investors. Emerging technologies, particularly artificial intelligence (AI) and business intelligence (BI) tools, are revolutionising the finance function by improving accuracy, efficiency, and strategic decision-making. These advancements are transforming finance from a ‘traditional support function’ to a ‘strategic enabler of business growth’. For example, Robotic Process Automation (RPA), combined with AI, automates repetitive tasks such as invoice processing, reconciliation, and financial reporting. This allows the finance team to focus on more value-added activities like strategic planning and advisory roles. AI-powered tools enable us to analyse vast amounts of financial and operational data, improving the accuracy of forecasting and scenario planning. Predictive analytics help us identify market trends, demand shifts, and cost-saving opportunities with greater precision. Machine learning models optimise resource allocation by analysing historical spending patterns and projected needs, ensuring that budgets are used efficiently. Furthermore, AI-driven dashboards and visualisation tools provide real-time insights into key financial metrics, facilitating proactive decision-making. Advanced algorithms are also being used for fraud detection and compliance monitoring, minimising risks and ensuring regulatory compliance. The integration of AI and other technologies into the finance function is an ongoing journey that requires careful strategic planning and operational commitment. While challenges remain, the long-term benefits – such as improved efficiency, deeper insights, and better decision-making – far outweigh the obstacles. Our organisation is committed to leveraging these innovations to remain competitive in a rapidly evolving market. Oil marketing companies often operate in a challenging risk environment. Although fossil fuels are expected to remain the dominant source of energy for the foreseeable future, renewable energy is projected to account for the majority of energy growth. As demand for renewable energy increases, oil and gas companies may need to adjust their investments to align with carbon-neutral and climate-related goals. On the pricing front, global crude oil prices are highly volatile, subject to frequent and unpredictable fluctuations due to geopolitical tensions, supply-demand imbalances, and macroeconomic factors. This volatility impacts procurement costs, pricing strategies, and profit margins. Additionally, climate regulations, subsidy reforms, and taxation policies can significantly affect pricing structures, operating costs, and overall profitability. Other challenges include economic slowdowns, the rise of alternative energy, and shifting consumer behaviour, all of which contribute to demand uncertainty and can affect sales and revenue. To mitigate these risks, we have implemented several strategies. Expanding into non-fuel businesses, such as convenience stores and lubricant sales, helps offset the risks associated with fuel price fluctuations. Investing in renewable energy projects ensures we remain relevant in the energy transition. Understanding and adhering to regulations, while collaborating with policymakers on the role of the industry in new energy initiatives, further helps mitigate risks. Furthermore, maintaining a balanced capital structure through prudent debt management supports liquidity during difficult periods. By remaining agile and forward-thinking, we aim to drive sustainable growth in a rapidly evolving energy landscape. Aspiring CFOs in Oman have a unique opportunity to influence the future of finance in the region. To succeed, they must focus on continuous learning, embracing technology, and developing strong strategic and leadership skills. Future CFOs will need to excel not only in financial expertise but also in driving innovation, sustainability, and business growth within their organisations. My advice to aspiring CFOs in Oman would be to master the fundamentals of finance, including accounting, financial planning, treasury, risk management, regulatory compliance, and tax laws – particularly within Oman’s evolving economic landscape. Pursuing certifications such as CFA, CMA, or CPA will also help enhance their technical knowledge and credibility. Strategic thinking is essential. The role of the CFO is not just about managing numbers; it’s about aligning financial strategies with broader business goals. Aspiring CFOs should develop the ability to anticipate market trends, identify growth opportunities, and influence business decisions. In addition, leadership and collaboration skills are crucial. Being able to work effectively with diverse teams, communicate clearly with stakeholders, and inspire confidence across the organisation is key. Building a strong network with peers, mentors, and industry leaders can provide valuable insights, opportunities, and guidance. Engaging with forums, industry associations, and local finance communities in Oman will help aspiring CFOs stay informed and connected. The essential skills for future CFOs will include technological proficiency in areas such as AI, data analytics, and ERP systems. Adaptability and agility will also be crucial, as CFOs will need to adjust strategies quickly in response to changing circumstances. Strategic leadership will be key in navigating periods of uncertainty, ensuring resilience and growth. Strong communication skills are essential for influencing decisions at the C-suite level, building consensus, and maintaining financial discipline across the organisation. Future CFOs must also develop a global mindset. Understanding international markets, cross-border regulations, and global economic trends will be critical. In addition, team-building and leadership will be vital. Future CFOs will be responsible for building and leading high-performing finance teams. Mentoring, coaching, and fostering an innovative culture will be important for attracting and retaining top talent.
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