Canton of SchwyzThe canton of Schwyz (Kanton Schwyz ʃviːts Chantun Sviz; Canton de Schwytz; Canton Svitto) is a canton in central Switzerland between the Alps in the south, Lake Lucerne to the west and Lake Zürich in the north, centred on and named after the town of Schwyz. It is one of the founding cantons of Switzerland; Switzerland's name is derived from the name of the canton, and the flag of Switzerland from its coat of arms. For the history of the name, see Schwyz. The Swiss Federal Charter is on display in Schwyz.
Financial centreA financial centre (financial center in American English) or financial hub is a location with a concentration of participants in banking, asset management, insurance or financial markets with venues and supporting services for these activities to take place. Participants can include financial intermediaries (such as banks and brokers), institutional investors (such as investment managers, pension funds, insurers, and hedge funds), and issuers (such as companies and governments).
Voting in SwitzerlandVoting in Switzerland (called votation) is the process by which Swiss citizens make decisions about governance and elect officials. The history of voting rights in Switzerland mirrors the complexity of the nation itself. The polling stations are opened on Saturdays and Sunday mornings but most people vote by post in advance. At noon on Sunday (Abstimmungssonntag in German, Dimanche de votation in French), voting ends and the results are usually known during the afternoon.
IncomeIncome is the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms. Income is difficult to define conceptually and the definition may be different across fields. For example, a person's income in an economic sense may be different from their income as defined by law. An extremely important definition of income is Haig–Simons income, which defines income as Consumption + Change in net worth and is widely used in economics.
VorarlbergVorarlberg (ˈfɔːrɑːrlbəːrɡ , foːɐ̯ˈarlbɛrk; Vorarlbearg, Voralbärg, or Voraadelbearg) is the westernmost state (Land) of Austria. It has the second-smallest geographical area after Vienna and, although it also has the second-smallest population, it is the state with the second-highest population density (also after Vienna). It borders three countries: Germany (Bavaria and Baden-Württemberg via Lake Constance), Switzerland (Grisons and St. Gallen), and Liechtenstein. The only Austrian state that shares a border with Vorarlberg is Tyrol, to the east.
Cross-country skiingCross-country skiing is a form of skiing whereby skiers traverse snow-covered terrain without use of ski lifts or other assistance. Cross-country skiing is widely practiced as a sport and recreational activity; however, some still use it as a means of transportation. Variants of cross-country skiing are adapted to a range of terrain which spans unimproved, sometimes mountainous terrain to groomed courses that are specifically designed for the sport.
Net incomeIn business and accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses, depreciation and amortization, interest, and taxes for an accounting period. It is computed as the residual of all revenues and gains less all expenses and losses for the period, and has also been defined as the net increase in shareholders' equity that results from a company's operations.
Real estate investment trustA real estate investment trust (REIT, pronounced "reet") is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping centers, hotels and commercial forests. Some REITs engage in financing real estate. Most countries' laws on REITs entitle a real estate company to pay less in corporation tax and capital gains tax.
Sion, SwitzerlandSion (sjɔ̃; Sitten ˈzɪtn̩; Seduno; Sedunum) is a Swiss town, a municipality, and the capital of the canton of Valais and of the district of Sion. it had a population of (known as Sédunois(es)). On 17 January 1968, the former municipality of Bramois merged into the municipality of Sion. On 1 January 2013, the former municipality of Salins merged into the municipality of Sion, and on 1 January 2017, Les Agettes did the same. Landmarks in Sion include the Basilique de Valère and the Château de Tourbillon.
Swiss ReSwiss Reinsurance Company Ltd, commonly known as Swiss Re, is a reinsurance company based in Zürich, Switzerland. It is one of the world's largest reinsurers, as measured by net premiums written. Swiss Re operates through offices in more than 25 countries and was ranked 118th in Forbes Global 2000 leading companies list in 2016. It was also ranked 313th on the Fortune Global 500 in 2015. On 10–11 May 1861, more than 500 houses went up in flames in the town of Glarus, Switzerland.
