date:Nov 01, 2013
Shares of Mexico-based Coca-Cola Femsa, Coke's largest bottler in Latin America, were down more than 1 percent, while shares in bread and snacks maker Bimbo fell more than 2 percent in morning trading,asMexicoCongress was poised to approve a 1 peso-per-liter tax on sugary drinks and an 8 percent tax on junk food as part of a wider tax overhaul.
The Senate approved the plan, which aims to curb rising obesity levels as well as lift the poor tax take in Latin America's No. 2 economy, on Thursday m