feat(Microsoft Outlook Node): Node overhaul (#4449)

[N8N-4995](https://linear.app/n8n/issue/N8N-4995)

---------

Co-authored-by: Giulio Andreini <g.andreini@gmail.com>

packages/nodes-base/nodes/Microsoft/Outlook/v2/actions/folder/update.operation.ts

@@ -0,0 +1,46 @@
+import type { IDataObject, IExecuteFunctions, INodeProperties } from 'n8n-workflow';
+import { microsoftApiRequest } from '../../transport';
+import { updateDisplayOptions } from '@utils/utilities';
+import { folderRLC } from '../../descriptions';
+import { decodeOutlookId } from '../../helpers/utils';
+
+export const properties: INodeProperties[] = [
+	folderRLC,
+	{
+		displayName: 'Name',
+		name: 'displayName',
+		description: 'Name of the folder',
+		type: 'string',
+		default: '',
+		required: true,
+	},
+];
+
+const displayOptions = {
+	show: {
+		resource: ['folder'],
+		operation: ['update'],
+	},
+};
+
+export const description = updateDisplayOptions(displayOptions, properties);
+
+export async function execute(this: IExecuteFunctions, index: number) {
+	const folderId = decodeOutlookId(
+		this.getNodeParameter('folderId', index, undefined, {
+			extractValue: true,
+		}) as string,
+	);
+	const displayName = this.getNodeParameter('displayName', index, undefined) as string;
+
+	const responseData = await microsoftApiRequest.call(this, 'PATCH', `/mailFolders/${folderId}`, {
+		displayName,
+	});
+
+	const executionData = this.helpers.constructExecutionMetaData(
+		this.helpers.returnJsonArray(responseData as IDataObject),
+		{ itemData: { item: index } },
+	);
+
+	return executionData;
+}