• Based on latest reports, the countries with the most new deaths were the United States with 1,035 new deaths, followed by India with 690 and Brazil with 497.

• The Governor of Balochistan informed the President that teaching process had been initiated in the universities under standard operating procedures (SOPs) across the province.

• Likewise, the price of 10 grams gold also decreased by Rs. 300 and was traded at 98,894 against its sale at Rs. 99,194 Karachi Sarafa Association reported.

• On Friday, maximum and minimum temperatures were recorded as 32.7 degree centigrade and 16.5 degree centigrade respectively.

• He viewed that the government’s support to the business community and SMEs sector would cast positive impacts on national economy.

• He said that India was imposing hybrid war on Pakistan and for the past three days, Indian media was involved in spreading fake news to malign Pakistan.

• The management of all such buildings would be bound to keep fire-safety equipment functional along with arrangements for safe emergency exit.

• "The source of funds for this purchase and the mode by which these funds were transferred abroad require explanation," says the judgment.

Zimbabwe T20Is to be played in Rawalpindi, while the remaining four HBL PSL 2020 matches will be held in Karachi.

• Republican President Donald Trump and Democratic challenger Joe Biden squared off on Friday in a less raucous debate than their previous meeting.
• It was certainly more productive than the first one, but I don't think there was any meaningful shakeup in the outlook for the election.

• Mexican peso up after retail sales rise for fourth month.
• Brazilian real pressured by weak consumer confidence data.
• Morgan Stanley bullish on emerging FX and sovereign credit.
• EM stocks see biggest inflows in 6 weeks - BofA flows data.

• The Toronto Stock Exchange's S&P/TSX composite index was up 30.1 points, or 0.18%, at 16,309.46.
• The nation's wholesale sales in September most likely increased by 0.4% after rising 0.3% in August, Statscan said in a flash estimate.

*The offer from Vitol to supply 138,000 cubic metres of LNG for Dec. 9-10 delivery was more than $2 per unit higher than the prices that Bangladesh pays under long-term contracts. * "From December, we will import two cargoes each month from the spot market," Rahman said, adding that both the tenders would be reissued.

• Gilead up as remdesivir wins approval for treating COVID in US.
• Intel slumps as quarterly margins fall.
• American Express drops as profit falls short of estimates.
• Indexes: Dow up 0.05%, S&P up 0.09%, Nasdaq dips 0.3%.

• It has been reported that CCPO Lahore, who drew extreme controversy in the aftermath of the shocking Motorway rape incident, has been relocated and posted as RPO Faisalabad.

• AIG had filed a lawsuit in 2009 challenging an Internal Revenue Service decision from the prior year to disallow the tax credits and impose a 20% tax penalty.
• AIG created an elaborate series of sham transactions that were designed to do nothing--and in fact did nothing--other than generate hundreds of millions of dollars in ill-gotten tax benefits.

• Pompeo to host Azeri and Armenian foreign ministers.
• More fighting reported in Nagorno-Karabakh.
• Putin says Moscow believes 5,000 killed since Sept. 27.

• Wheat heads higher on technical buying and poor weather in Russia, Argentina and other wheat-producing countries that could tighten global exportable supplies.
• Corn seen firm on technical buying and expectations of export demand from China. Fresh export sales may lend support.

• Canadian dollar rises 0.1% against the greenback.
• Advance results for September manufacturing sales show 1.5% rise.
• Loonie climbs 0.5% since the start of the week.
• Canada's 10-year yield touches an 8-week high at 0.680%.

• US House Speaker Nancy Pelosi on Thursday said negotiators were making progress in talks with the White House for another round of COVID-19 stimulus.
• The market's playing out inflation expectations here, based on expectations that there's more stimulus and, if Biden gets in,

• Amazon is doing huge business in India ... If it doesn't appear before the committee, coercive action may be initiated against it.
• Separately, Facebook representatives appeared before the committee on Friday. Twitter has been asked to appear on Oct. 28.

• Caixabank agreed to buy Bankia for 4.3 billion euros ($5.1 billion) in an all-share deal.
• Signals a pick up in mergers among Europe's banks as they battle the fallout from the COVID-19 pandemic.

• COVID-19 surges across US; France extends curfew.
• Putin says rollover on OPEC+ oil output curbs possible.
• Brent heads for first weekly loss in three.

• GASC also received a lowest offer of $263.97 for 55,000 tonnes of Russian wheat on a FOB basis for a second shipment period from Dec 11-20.
• Egypt, the world's largest wheat importer, is in the market for an unspecified quantity of the grain following a month-long hiatus.

Pakistan case was taken up on the last day of FATF's ongoing meeting between October 21 and 23.

• Arabica coffee headed back into negative territory while cocoa prices rallied.
• December white sugar fell $0.80, or 0.2%, to $398.20 a tonne.
• January robusta coffee fell $9, or 0.7%, to $1,298 a tonne.

A recent change in tax rules for used cars has the second-hand auto dealers in a bind. Simply put, there’s a 17...

Every few weeks some research house, or a multilateral institution publishes growth projects based on some internal...

• Washington says Ankara's purchase of the Russian systems compromises NATO defences, and has threatened sanctions.
• The two NATO allies have long been at odds over the S-400s and Washington reacted last year by suspending Turkey from its F-35 jet programme.

• The pound gave up some recent gains after an early flash PMI reading - a gauge of private sector growth.
• Britain's economic recovery from the COVID-19 shock was already beginning to falter in August.

• Indians celebrate Dussehra on Sunday and Diwali and Dhanteras in November, when buying gold is considered auspicious.
• Investment demand was good in the last few days. Retail demand for jewellery is still weak.

• Benchmark copper stormed to $7,000 a tonne on Wednesday, its highest in 28 months and up more than 50% since late March.
• Three-month copper on the London Metal Exchange (LME) fell 0.4% to $6,897.50 a tonne in official trading.

• The benchmark stock index closed 0.05% lower at 5,768.94. The bourse fell 3% in the past week and is down 5.9% for the year so far.
• Ceylinco Insurance Plc and Nawaloka Hospitals Plc were the biggest boosts to the index, rising 2.8% and 11.5%, respectively.

• The US Mission in Turkey has received credible reports of potential terrorist attacks and kidnappings against US citizens and foreign nationals in Istanbul.
• Turkish authorities have cracked down on suspected Islamic State members and Kurdish militants.

• European stocks boosted by Q3 earnings.
• But still set for worst week in a month.
• Britain, EU meet for Bexit talks.
• US debate creates few surprises.

• Front-month gas futures fell 3.2 cents, or 1.1%, to $2.975 per million British thermal units (mmBtu) .
• Data provider Refinitiv said output in the Lower 48 US states averaged 86.4 billion cubic feet per day (bcfd) so far in October.

The Bureau sought out records from the secretary board of directors of the band. The accountability watchdog is already investigating illegal appointments and promotions case against Ahmed.

• Global, African airlines look to southern Africa.
• Airlink in discussions around interline agreements.
• Companies could look at code sharing, freight agreements.
• SAA, Comair under bankruptcy protection, not flying.

• Palm ends three day climb.
• Wet weather, virus lockdown hamper output.
• Oct. exports signals higher demand from India, China.

• Bank of Russia keeps key rate at 4.25%.
• Decision in line with expectations.
• Central bank says will study need for lower rates.

• IHS Markit's flash Composite Purchasing Managers' Index at 49.4.
• Peripheral yields lower across the board.
• ECB expected to extend QE by year end.

• The pay cut is made up of match fees, win bonuses and retainers with the 12-month period starting from Oct. 1.
• We need to recognise that our players, led by captains Joe Root and Eoin Morgan, have conducted themselves with great maturity and responsibility throughout this challenging time,

• A vessel began unloading 38,000 tonnes of gasoline at the Baniyas oil terminal on Monday.
• Data from TankerTrackers, which tracks shipments and oil storage, showed a spike in Iranian exports last month in defiance of US sanctions.

• Dry weather effects seen in Russian, US, Argentine wheat belts.
• Egypt wheat tender adds to flurry of international demand.
• Corn steady near 14-month top on strong export demand.
• Soybeans also consolidate after 4-year high; Brazil rain eyed.

• The rouble was 0.3% stronger against the dollar at 76.37 after touching 76.12, its strongest since Sept. 22.
• Investors are now focused on what the outcome of the US presidential election on Nov. 3 might mean for the Russian currency.

• The dollar was 0.2% lower against a basket of currencies in midday trades in Europe, just clear of a seven-week low hit on Wednesday. It was down just shy of 1% for the week.
• Despite the data, the euro ticked up 0.2% against the dollar to $1.1844.

• "Look at India -- it’s filthy. The air is filthy," Trump said at the debate in Nashville.

• Spot gold rose 0.4% to $1,911.14 per ounce by 1115 GMT and was up 0.6% for the week. US gold futures gained 0.5% to $1,914.10.
• The dollar index fell 0.2% against its rivals, making dollar-denominated gold less expensive for holders of other currencies.

• Acting United Nations envoy Stephanie Williams said the ceasefire would start immediately and all foreign fighters must quit Libya within three months.
• As a first commercial passenger flight in more than a year crossed frontlines from Tripoli to land in the eastern city of Benghazi on Friday,

• The de facto central bank sold HK$16.895 billion into the market in its first intervention of the day.
• The aggregate balance - the key gauge of cash in the banking system - will increase to HK$412.467 billion on Oct. 28, HKMA said on Friday.

• After an outrageously heated first outing between President Donald Trump and former Vice President Joe Biden, both candidates were visibly restrained earlier today - as the mute button, or the threat of it, dictated the nature of a somewhat inconsequential debate.

The Prime Minister said that he is ready to visit UK to meet his counterpart Boris Johnson over Nawaz Sharif issue.

The 61-year-old former all-rounder is currently being under observation in ICU and under the close supervision of Dr. Atul Mathur and his team, said a statement released by Fortis Escorts Hospital.

• The food department has released 85,000 metric tonnes of wheat at the rate of Rs 36.87 per 100 kg.

• The SC will hear the case on Tuesday.

• After exploiting loopholes in UK tax law to avoid paying VAT for a long time, Uber UK was forced to pay £1.5bn in VAT.
• As global companies expand to new developing markets, competition and tax laws must evolve across the globe to protect consumers and domestic industry.

• The top court stated that people involved in white-collar crimes should be treated differently than those involved in violent crimes

• Building on the Report findings, a three-year plan for the GIP, “Vision 2023”, was put forward at the meeting.

• The giant self-flying drones are capable of planting thousands of trees in a single day and have been designed keeping in view hilly and inaccessible areas

In a tweet on Friday, the former Pakistan ambassador to Germany, questioned “what experience does he have in diplomacy to be advising the government on Middle East?”