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Slowdown hits Cemex profit
mexican cement giant cemex has seen its quarterly profits slump, following an economic slowdown and venezuela's nationalisation of the cement sector .
profits slipped 74% year-on-year to $200m (Â115.9m) in the three months to the end of september, from $780m a year earlier, while sales fell 5% to $5.8bn .
cemex said it faced a challenging operating environment .