EconomicsBrazil: 2 top companies: Profits up in booming economy amidst woeful poverty
Brazil companies Petrobras and Vale post record profits
Brazil's two biggest companies have posted record profits for 2010, in the latest sign of the South American nation's growing economic might.
The oil giant Petrobras - which is partly state-owned - made $20bn (£12.4bn).
The mining company Vale made $17.3bn (£10.7bn), more than tripling its profits of the year before.
The two Brazilian companies have benefited from high global prices and rising demand for oil and iron ore.
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