Hewlett-Packard Co. , the largest maker of computers, announced a board shake-up aimed at adding foreign-based directors and quelling criticism over the way it handled the departure of Chief Executive Officer Mark Hurd .
The yen headed for a weekly drop against most of its major peers before data that may show the U.S. added jobs for a ninth month and after German exports rose by more than forecast, reducing demand for haven currencies.
Hewlett-Packard Co. recruited five executives to its board who have business ties to Chief Executive Officer Leo Apotheker and will need to prove they can act independently, corporate governance experts said.
Hewlett-Packard Co. ’s Mark Hurd surprised the board by settling a sexual-harassment claim before directors could learn more about the incident, a final breach of trust that contributed to his ouster as chief executive officer, two people familiar with the decision said.
Australian bond yields tumbled to the lowest level in 20 months relative to U.S. Treasuries after central bank Governor Glenn Stevens indicated he’s willing to cut the developed world’s highest benchmark interest rate.