* U.S. share prices indicated to open higher on Monday, reversing some of the sharp losses endured on Friday when dismal monthly retail sales triggered a sell-off. * At 1018 GMT S&P 500 futures SPc1 were up 0.1 percent, Dow Jones futures DJc1 up 0.1 percent and Nasdaq 100 futures NDc1 up 1 percent. * Leaders of the world's 20 largest economies, meeting in Washington over the weekend, agreed on a host of steps to rescue the global economy, but they left it to individual governments to tailor their response to their own circumstances and troubled industries. [ID:nG7G8] * Japan's Nikkei average gained 0.7 percent on Monday, as bargain hunters brushed aside data showing the world's second-biggest economy had slipped into recession, while European stocks were down in morning trade, with banks and automakers among the biggest losers. * Liquidity issues facing GM, Ford and Chrysler will keep talk of mergers alliances and bailouts bubbling on Monday. General Motors Corp (GM.N: Quote, Profile, Research, Stock Buzz) Chief Executive Rick Wagoner said on Sunday U.S. auto industry bankruptcies would have a devastating impact on the domestic economy, many times larger than the aid automakers seek. * Separately, GM said it would sell back its 3 percent stake in Suzuki Motor Corp (7269.T: Quote, Profile, Research, Stock Buzz) for $232 million as the struggling automaker seeks to raise cash. * U.S. stocks tumbled on Friday, with the Dow Jones industrial average .DJI dropping 3.8 percent, the S&P 500 Index .SPX falling 4.2 percent and the Nasdaq Composite Index .IXIC losing 5 percent, after a record drop in monthly retail sales heightened worries that U.S. consumers' reluctance to spend would drag the economy into an even deeper downturn than initially expected. * Fidelity Investments, the world's biggest mutual fund company, told employees on Friday it would cut a further 1,700 jobs on top of 1,300 already announced. Boston-based Fidelity had laid off 1,300 people on Wednesday in a first round of cuts. With these two rounds, the company is shedding about 7 percent of its staff. * Billionaire Warren Buffett's Berkshire Hathaway Inc (BRKa.N: Quote, Profile, Research, Stock Buzz) (BRKb.N: Quote, Profile, Research, Stock Buzz) said on Friday it has nearly quintupled its holdings in oil company ConocoPhillips (COP.N: Quote, Profile, Research, Stock Buzz), and taken a new stake in hydraulics manufacturer Eaton Corp (ETN.N: Quote, Profile, Research, Stock Buzz). * Belgium's InBev NV (INTB.BR: Quote, Profile, Research, Stock Buzz) cleared the last hurdle to buying Anheuser-Busch Cos Inc (BUD.N: Quote, Profile, Research, Stock Buzz), creating the world's largest brewer, when it gained U.S. antitrust approval for the $52 billion deal after agreeing to sell its Labatt USA subsidiary. * Earnings reports on Monday include Lowe's (LOW.N: Quote, Profile, Research, Stock Buzz) and Target (TGT.N: Quote, Profile, Research, Stock Buzz), while economic indicators on tap for Monday include industrial production and the Empire State survey. (Reporting by Blaise Robinson, editing by Will Waterman)

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