Monterrey

MONTERREY, Mexico - Drinks company Fomento Economico Mexicano SAB said Wednesday its bottler, Coca-Cola FEMSA, plans to change its bylaws so a simple majority of its board can appoint and set compensation of the CEO and people who report directly to him or her.

MONTERREY, Mexico - Mexican building supplies giant Cemex SAB de CV said Monday that a joint venture in which it has a 49.9 percent stake has completed the sale of 12 active quarries in the United States and other assets for $420 million.