added release notes for common-utils (#700) (#702)

* added release notes for common-utils



* added release notes for common-utils



---------


(cherry picked from commit a702c31)

Signed-off-by: Riya Saxena <[email protected]>
Signed-off-by: github-actions[bot] <github-actions[bot]@users.noreply.github.com>
Co-authored-by: github-actions[bot] <github-actions[bot]@users.noreply.github.com>

Author: opensearch-trigger-bot[bot]

release-notes/opensearch-common-utils.release-notes-2.16.0.0.md

@@ -0,0 +1,12 @@
+## Version 2.16.0.0 2024-07-25
+
+Compatible with OpenSearch 2.16.0
+
+### Maintenance
+* Increment version to 2.16.0-SNAPSHOT ([#688](https://github.com/opensearch-project/common-utils/pull/688))
+
+### Enhancements
+* [Backport 2.x] Add support for remote monitors ([#694](https://github.com/opensearch-project/common-utils/pull/694))
+
+### Documentation
+* Added 2.16.0.0 release notes. ([#700](https://github.com/opensearch-project/common-utils/pull/700))