plus, we get the market outlook from sandy villere.his is bloomberg. ♪ breaking news crossing the bloomberg when it comes to the fate of virgin australia. we are now hearing that bain capital was set to become virgin australia's new owner, after the rival bidder withdrew from the bid. as contention between two u.s. private equity firms has been going for weeks. back virgino strip australia, australia's second major carrier after qantas, rather than going ahead in competition with qantas. we are hearing bain capital is the new owner of virgin australia after cyrus dropped out of the bidding, but we are waiting for confirmation and more details on that. in the meantime, let's get back to one of our top stories. the senate has approved a bipartisan bill that would penalize banks doing business with chinese officials involved in hong kong's new national security law. tom mackenzie joins us from beijing. what do we know about this? tom: this was a bipartisan measure approved by the senate, -- by ad by republican republican and a democrat. p