Daniel Cancel

São Paulo

Wealth and Business Reporter, Latin America at Bloomberg News

Covering wealth & business in Latin America for Bloomberg News. Stints in Argentina, Venezuela previously.

Featured in: Favicon

bloomberg.com Favicon

msn.com

globo.com (+1) Favicon

time.com

yahoo.com (+9) Favicon

exame.com

chron.com

livemint.com Favicon

nzherald.co.nz Favicon

mercurynews.com + 63 more

Articles

Aranceles de Trump desafían a empresa clave en la economía de esta ciudad en Brasil

1 week ago | bloomberglinea.com | Daniel Cancel |Rachel Gamarski |Maira Erlich |Maíra Erlich

Bloomberg — Dicen que los “días de dividendo” son los mejores del año en la remota localidad brasileña de Jaraguá do Sul, con una población de 180.000 habitantes. El pago, junto con un programa de participación en las utilidades del fabricante de motores eléctricos WEG SA, contribuye al sustento de cerca del 20% de los habitantes de la ciudad, entre trabajadores activos, jubilados y familiares.
Billionaire-Minting Engine Maker Gears Up to Fight Trump Tariffs

1 week ago | news.bloombergtax.com | Daniel Cancel |Rachel Gamarski

It’s said that “dividend days” are the best days of the year in the remote Brazilian town of Jaragua do Sul, population 180,000. That payment, together with a profit-sharing program from electric-motor maker WEG SA, helps to support some 20% of the city’s residents, spanning current workers to family members and retirees. The 64-year-old company, founded by an electrician, an accountant and a mechanic, says its own health clinics treat nearly as many patients a year as the city’s health system.
WEG cria bilionários e se prepara para tarifas de Trump

1 week ago | bloomberg.com | Daniel Cancel |Rachel Gamarski

Diz-se que os “dias dos dividendos” são os melhores do ano na remota cidade de Jaraguá do Sul, com uma população de 180.000 habitantes, no estado de Santa Catarina. Esse pagamento, junto com um programa de participação nos lucros da fabricante de motores elétricos WEG, ajuda a sustentar cerca de 20% dos moradores da cidade, incluindo trabalhadores, familiares e aposentados.
Brazilian Engine Maker Faces Trump’s Tariffs After Making Billions for Owners

1 week ago | bloomberg.com | Daniel Cancel |Rachel Gamarski

A WEG electric-motor factory in Jaragua do Sul, Brazil. (Bloomberg) -- It’s said that “dividend days” are the best days of the year in the remote Brazilian town of Jaragua do Sul, population 180,000. That payment, together with a profit-sharing program from electric-motor maker WEG SA, helps to support some 20% of the city’s residents, spanning current workers to family members and retirees.
Billionaire-Minting Brazilian Motor Maker Gears Up to Fight Trump Tariffs

1 week ago | flipboard.com | Daniel Cancel |Rachel Gamarski

NowAs Trump reignites a trade war and faces a bond market revolt, the economy is about to go through the wringer this weekWashington CNN — By week’s end, it’ll be much clearer how the US economy is holding up amid President Donald Trump’s sweeping policy changes.
Nu simplifica su estructura y planea contratación de altos ejecutivos

2 weeks ago | bloomberglinea.com | Daniel Cancel |Jonne Roriz

Bloomberg — Nu Holdings Ltd. (NU), uno de los bancos digitales más grandes del mundo, redujo a la mitad el número de niveles de gestión de la empresa para aumentar la eficiencia. La organización se había vuelto “demasiado verticalizada”, con hasta 14 niveles, dijo en entrevista el director ejecutivo y cofundador David Vélez. Los cambios estructurales coincidieron con las recientes salidas de varios altos ejecutivos, entre ellos Jag Duggal y Youssef Lahrech.
Nubank corta níveis de gestão pela metade e contratará para o alto escalão, diz Vélez

2 weeks ago | bloomberglinea.com.br | Daniel Cancel |Tuane Fernandes

Boomberg — O Nubank reduziu pela metade o número de níveis de cargos de gestão da empresa com o objetivo de aumentar a eficiência em um banco que tem praticamente dobrado de tamanho a cada poucos anos. A empresa havia se tornado “muito verticalizada”, com até 14 níveis de gestão, disse o CEO e co-fundador, David Vélez, em uma entrevista à Bloomberg News.
Nu cuts management layers and plans C-suite hiring, CEO says

2 weeks ago | americanbanker.com | Daniel Cancel

Nu Holdings, one of the world's largest digital banks, slashed the number of management layers at the company in half to boost efficiency as it roughly doubles in size every few years. The firm had become "too verticalized," with as many as 14 layers, Chief Executive Officer and co-founder David Velez said in an interview. The structural changes coincided with the recent departures of several top executives, including Jag Duggal and Chief Operating Officer Youssef Lahrech.
Nu simplifica su estructura y planea contratación de altos ejecutivos

2 weeks ago | bloomberg.com | Daniel Cancel

Nu Holdings Ltd., uno de los bancos digitales más grandes del mundo, redujo a la mitad el número de niveles de gestión de la empresa para aumentar la eficiencia. La organización se había vuelto “demasiado verticalizada”, con hasta 14 niveles, dijo en entrevista el director ejecutivo y cofundador David Vélez. Los cambios estructurales coincidieron con las recientes salidas de varios altos ejecutivos, entre ellos Jag Duggal y Youssef Lahrech.
Nu Cuts Management Layers and Plans C-Suite Hiring, CEO Says

2 weeks ago | bloomberg.com | Daniel Cancel

David Velez, chairman, co-founder and chief executive officer of Nu Holdings Ltd. (Nubank), speaks during an event at the company headquarters in Sao Paulo, Brazil, on Wednesday, May 15, 2024. Nu Holdings Ltd., one of the world's largest digital banks, surpassed 100 million clients across its operations in Brazil, Mexico and Colombia.