[8.x](backport #6384) Update OTel v0.116.0 #6390
Merged
+904
−658
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What does this PR do?
Update OTel components to v0.116.0.
Why is it important?
We should be keeping the components up to date with upstream.
Checklist
[ ] I have commented my code, particularly in hard-to-understand areas[ ] I have made corresponding change to the default configuration files[ ] I have added tests that prove my fix is effective or that my feature works./changelog/fragments
using the changelog tool[ ] I have added an integration test or an E2E testHow to test this PR locally