Example sentences of "[noun prp] [vb past] [conj] it is [verb] " in BNC.

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1 Transforming at a stroke the state of its balance sheet , Philips Electronics NV on Friday announced that it is to sell its 35% stake in the Japan-based Matsushita Electronics Corp to its partner in the venture , Matsushita Electric Industrial Co Ltd for a whopping $1,600m .
2 This week ITV announced that it is dropping the God slot due to lack of interest .
3 Ford of Europe announced that it is to make over 10,000 job cuts by the end of 1993 , about 40% of which are expected to be in the UK .
4 Over 70% of Siemens Nixdorf 's staff are involved in these activities , and Bearpark said that it is working ever more closely with other Siemens companies to secure a whole range of contracts .
5 Microsoft said that it is working with the European manufacturers to combine its operating system with the existing hardware architecture of each .
6 Xcelerated said that it is extending Liken to the PowerPC .
7 The announcement of his departure came just one day after Barclays revealed that it is to look outside the bank for a new chief executive to take over some of the powers presently held by chairman and chief executive , Andrew Buxton .
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