FRANKFURT - Chancellor Angela Merkel is mulling fresh stimulus measures after being accused of foot-dragging in a dire recession, as new German forecasts underline the threat facing Europe's biggest economy.
SCHAUMBURG (Illinois) - CELL phone maker Motorola says it will permanently freeze its US pension plans, temporarily suspend matching contributions to its retirement savings account for employees and reduce the base salary of its two co-executives.
NEW YORK - US STOCKS pulled back in opening trade on Wednesday a day after a huge rally on aggressive Federal Reserve interest rate action to stimulate credit and revive the recession-bound economy.
WASHINGTON - THE International Monetary Fund said on Wednesday that industrialised nations need to take more steps to stimulate their economies to avert a global recession.
