The word 'retracting' is correct and can be used in written English.
It means to take back what you have said or written or to withdraw a statement. For example: "The company was forced to retract their statement after being confronted with new evidence."
AbbVie, the American pharmaceutical company stalking London-listed rival Shire, has been forced into an embarrassing climbdown, retracting its claim that it is winning the argument for a takeover.
Patrick McSweeney, a former state party chairman, told the Post that Mr McDonnell risks losing votes for retracting his previous views.
A trainer then helped the patient to perform a stepping motion by extending his leg, placing his foot on the treadmill, retracting it, and so on.Over the course of a few months, all seven patients developed the rudiments of walking.
To put up emotional shields, from the retracting armour featured on this vehicle; as in, "She started talking marriage and he started batmobiling".
Arne Duncan, the secretary of education, declared at the end of last month that some teachers "are getting pink slips now" as a result of the sequester, before later retracting the claim.
The film's most compelling scene and one most damning of India's semi-rotten legal institutions shows witnesses in turn retracting their original testimony, saying that they could no longer remember the events, and letting a guilty man go free.So far, so discouraging.
Hearings over whether Mr Pikoli should keep his job began this week and could reveal embarrassing details.But the Scorpions may already be retracting their stings.
Ms Lovric argues that Croatia "has increased the tax burden while state budget tax revenues are dwindling .The Croatian government recently caved in to the threat of a national labor union strike and committed to retracting the 3% public sector wage cut instituted in February as soon as GDP growth returns for three consecutive quarters.
The Malian government says that Mr Keita called for a UN-backed solution in private discussions with the king, thereby tacitly retracting Bamako's recognition of an independent Sahrawi state.Morocco also hopes to make money from its neighbours.
Correction: This article originally stated that by the end of 2010 officials at Duke University began the process of retracting five papers.
A major overhaul of the intelligence system looks necessary.There is little sign yet of either the CIA or MI6 (Britain's foreign-intelligence service) retracting their pre-war assessments.
