Lingo Media Corp. (LM.V, LMDCF.OB) announced that its subsidiary, Parlo Corp., has signed an interim joint venture partnership agreement with Lion King International Education Group to jointly launch training and assessment services in China. The Interim Agreement is subject to Lion King and Parlo entering into a formal agreement relating to the joint venture.
Lion King and Parlo are jointly developing and marketing an English language training and assessment solution aimed at the adult market in China.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.