US Dollar Gains as Iran Tensions, Fed Rate Hike Bets Rise 
Airbnb Stock Jumps After Q2 Earnings Beat, Strong 2026 Outlook 
Canada, US Hold Constructive Trade Talks as Tariff Negotiations Continue 
Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico 
US Dollar Falls as Weak July Jobs Report Dents Fed Rate Hike Bets 
Trump Unveils $3 Billion U.S. Critical Minerals Push 
Sinopec Boosts Russian ESPO Oil Purchases as Middle East Supply Tightens 
DoorDash Q2 Revenue Jumps 36% as Orders and DashPass Growth Drive Results 
BOJ Rate Hike Expectations Rise Ahead of September Meeting 
Singapore Says One-Third of U.S. Exports Hit by New 12.5% Tariff 
Gold Price Hits Seven-Week High as Fed Rate Hike Bets Fade and Hormuz Deal Hopes Grow 
Wall Street Ends Mixed as Dow Hits Record Despite Tech Weakness 
Moderna Wins FDA Approval for mFLUSIVA mRNA Flu Vaccine for Adults 50+ 
Siemens Energy Q3 Profit Beats Forecast as AI-Driven Power Demand Fuels Growth 
Asian Currencies Steady as Markets Await U.S. Jobs Data 
Mercedes-Benz Stock Offers Deep-Value Potential as Citi Sees Recovery Catalysts 
Australia Trade Surplus Returns in June as Iron Ore, Coal and LNG Exports Surge 
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.
