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News 2026-10-08 20:58 UTC

Analysts lift targets for Porsche, Volvo, Continental

Jefferies kept Porsche at hold with a 49 euro target after investor-event remarks on margins and cash returns. UBS raised Volvo to buy and Bernstein upgraded Continental to outperform, while shares in the sector were mixed.

News 2026-10-08 13:19 UTC

Oil futures jump on Gulf shipping and Iran strike fears

Oil futures rose sharply as concerns intensified over renewed strikes on Iran, attacks on shipping in the Gulf and production shut-ins ahead of Tropical Storm Isaias. WTI was up 4.7% at $92.46 a barrel and Brent gained 4.5% to $104.76.