Latest Business News Updates: WhatsApp to Introduce Status Update Reshare Feature, Fitch Upgrades Pakistan Credit Rating, and More!

Fitch Ratings has upgraded Pakistan’s credit rating, citing improved external funding after securing a new bailout from the International Monetary Fund. This news comes as a positive development for the country’s economy.

In other business news, WhatsApp is reportedly working on a new feature that will allow users to reshare status updates, similar to Instagram. This update could enhance user engagement on the platform and provide new ways for users to interact with each other.

Additionally, MapMyIndia has alleged that Ola copied its data for building Ola Maps, leading to a legal notice being sent. This development comes as Ola Electric prepares to launch its IPO, highlighting the competitive landscape in the tech industry.

Furthermore, Xiaomi has purchased a $116 million site in Beijing to expand its electric vehicle production, marking a significant move in the company’s auto market strategy.

Overall, these updates reflect the dynamic nature of the business world and the ongoing innovations and challenges faced by companies in various sectors. Stay tuned for more updates on these and other business developments.