BEIJING, March 27- China will cut on-grid wholesale prices of thermal electricity, probably from the second quarter of the year, as coal prices tumble, state media said on Friday. The National Development and Reform Commission is seen cutting benchmark on-grid prices by an average of 0.015 yuan per kilowatt hour, the Xinhua News Agency-run Economic Information...» Read More
An Indian textile magnate has taken "spoil yourself" to a new level with custom-made gold shirt worth about $213,000.
Boeing and United Technologies have been amassing titanium parts from Russia in case global tensions disrupt supply of the metal.
Alcoa has invested heavily in its U.S. aerospace business because of the country's leading position in advanced manufacturing, CEO Klaus Kleinfeld tells CNBC.
Whiting Petroleum said it would acquire Kodiak Oil& Gas for $3.8 billion, becoming the largest producer in North Dakota's Bakken shale play.
After an investigation banks and trading houses are aware of the risks of storing commodities in China's warehouse sector.
Demand is up for sand used in fracking, which blasts it into wells to crack rock and release oil and natural gas.
Faber has been called a "gold bug," but he points out that "I don't call equity bulls 'cockroaches.'"
One of the oldest galvanizers in the United States accused Goldman Sachs, JPMorgan Chase, the LME and metal warehouse operators of conspiring since 2010 to manipulate the U.S. zinc price.
The number of trains carrying crude oil is increasing and so is the number of spills, exposing a world of secrecy around these operations.
President Obama said to President Putin during a phone call that Russia would have to face further sanctions if it continues its actions in Ukraine.
Alcoa reported quarterly earnings that beat analysts' expectations on Tuesday, but revenue narrowly missed estimates.
CNBC's Scott Cohn reports on the projected increase in demand for coal.
CNBC's Scott Cohn reports on the demand for coal and the government regulation coal miners are facing.
Shale gas is adding manufacturing jobs to US cities in industries thought to be lost to foreign competition, says a report by IHS Global.
CNBC's Scott Cohn speaks with Colin Marshall, Cloud Peak Energy CEO, from the Spring Creek Mine about the rising demand for coal due to the spike in natural gas prices.
CNBC's Dominic Chu digs into the top three most actively traded materials ETFs and reveals their biggest holding.
CNBC's Dominic Chu dissects the best performing stocks in the materials sector.
The Fed's custody holdings report is usually a sleeper, but this week there was a whopping withdrawal by a central bank. Speculation is it was Russia.
General Motors is facing increasing pressure to compensate victims for an ignition defect that prompted the recall of 1.6 million vehicles.
Stocks tumbled amid concerns events surrounding Ukraine are escalating and China's slowing growth will rub off on the global economy and bite corporate profits.