Good morning, here’s your Wednesday morning briefing to set you up for the day ahead. Look out for these three things happening around the world today.
US holds Syria meeting with UN
US Secretary of State Mike Pompeo will today host Staffan de Mistura, the UN Special Envoy for Syria, in a meeting that will not be open to the press.
The talks come as the Syrian government looks set to attempt to retake Idlib, the last major rebel-held area in the country.
The UN has in the last days warned of approaching this area militarily, instead arguing for a diplomatic solution to prevent 3 million women and children in the area being pulled into the conflict.
Pompeo and de Mistura’s talks will likely focus heavily on this point, although it remains to be seen whether the US can be convinced to back a diplomatic approach.
Cisco reports quarterly results
Technology giant Cisco will today publish its quarter four results for the 2018 fiscal year, fresh off the back of its acquisition of cybersecurity giant Duo Security earlier this month.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
However, while the acquisition was met with acclaim, it will not have an impact on the results this quarter.
Instead it is generally though that Cisco will report either expected or slightly below expected results, with this report representing a minor bump on a generally positive longer-term trend for the company.
Despite muted but relatively confident perceptions of the company, many have expressed concerns that the company may currently be slightly overvalued, which market reactions to today’s report will likely provide an insight into.
UK marks 20th anniversary of the Omagh Bombing
The UK will today remember the Omagh Bombing, where on 15th August 1998 a car bomb planted by the Real IRA was detonated in the town of Omagh, County Tyrone, Northern Ireland.
The bomb was detonated in a popular shopping centre, killing 29 people and two unborn babies.
The attack was made in opposition to the IRA ceasefire and the Good Friday Agreement. No one has ever been convicted for it.
A public reflective event will be held in Omagh from 14:45 BST in remembrance of the bombing. The service will include the ringing of a bell 32 times, 31 for those lost in the bombing and the final ring in remembrance of those who continue to lose their lives in similar attacks globally.