Shot current news report (8)
I believe the answer is:
bulletin
'news report' is the definition.
(bulletin is a kind of news report)
'shot current' is the wordplay.
'shot' becomes 'bullet' (I've seen this in other clues).
'current' becomes 'in' (I've seen this in other clues).
'bullet'+'in'='BULLETIN'
(Other definitions for bulletin that I've seen before include "Newsflash" , "Brief report issued to the public" , "Official news item" , "Short statement on the news as it happens" , "News report" .)