Gold is meant to be a ‘safe haven’ in uncertain times. Why is it crashing amid a war? 
SLMG Beverages Eyes Price Hikes Amid Rising Packaging Costs and India's Booming Soft Drink Market 
Japan Eyes Oil Futures Intervention to Stabilize Yen Amid Middle East Crisis 
Wall Street Slides as Iran War Uncertainty, Oil Surge, and AI Fears Rattle Markets 
Explosion and Fire Erupt at Valero Oil Refinery in Port Arthur, Texas 
Golden Dome Missile Defense: Anduril and Palantir Join Forces on Trump's $185B Space Shield 
U.S. Stock Futures Steady as Iran Reviews U.S. Ceasefire Proposal 
Trump Tariffs Show Minimal Economic Impact but Boost Federal Revenue, Study Finds 
Citi Names Eric Farina and Rob Cascarino to Lead Global Infrastructure Financing Group 
WTO Reform Talks Begin in Cameroon Amid Global Trade Tensions 
SpaceX IPO Filing Expected This Week as Valuation Could Surpass $75 Billion 
Nintendo Switch 2 Production Cut as Holiday Sales Miss Targets 
Time to buy local: war fuel price shocks reveal the folly of a long food supply chain 
Oil Prices Rebound as Iran Denies U.S. Talks Amid Gulf War Supply Fears 
Japan's Private Sector Growth Slows in March Amid Rising Costs and Middle East Uncertainty 
Finnair Orders 18 Embraer E195-E2 Jets in Landmark Fleet Overhaul 
Asian Currencies Stay Muted as Dollar Holds Firm Amid Iran Uncertainty 
Shopify, the Canadian e-commerce company headquartered in Ottawa, Ontario, teamed up with Microsoft Corp. and Oracle Corp. to help improve its platform and help merchants have smoother and more efficient business operations.
With Shopify’s move to partner with Microsoft and Oracle, business owners operating on its platform can now use the Enterprise Resource Planning (ERP) tools on Shopify’s app. Aside from Infor, the ERPs include Microsoft Dynamics 365 Business Central and Oracle NetSuite.
According to Reuters, prior to the partnership with tech companies, business owners were only relying on a third-party app for their ERP tools when transacting via Shopify. They use the app for inventory management systems, financial trackers, and others.
With Microsoft and Oracle on board, Shopify can double the stakes on its fast-growing trade business. On the other hand, the tech firms can also strengthen their hold on a cloud market dominated by providing support and services to the Canadian e-commerce platform.
“At Shopify, we support businesses during all stages of their journeys, from the first sale to full scale. Regardless of their size, maturity or complexity, merchants can thrive and grow with confidence on Shopify,” Shopify’s vice president, Mark Bergen, said in a blog post. “With the launch of the Global ERP Program, we are demonstrating our investment in supporting our enterprise merchants.”
He went on to say, “We are excited to partner with Microsoft, NetSuite, Infor, Acumatica, and Brightpearl to bring together the best in commerce with the best in ERP and together, we are driving a reinvention of enterprise commerce by giving our merchants the power to manage the complexity of their business operations at scale.”
Microsoft Business Applications and Platform’s corporate vice president, Charles Lamanna, added that working with Shopify to incorporate their Microsoft Dynamics 365 Business Central will be able to help business owners with delivering great experiences to their customers.
Finally, Shopify said that over 10,000 merchants are using its enterprise platform, Shopify Plus. With the new global ERP system integrated into its app store, the workflow will be so much easier and faster for everyone.
