September 30, 2014 1:35 PM EDT

The cosmetics company L’Oreal said Tuesday that it’s suspending all business travel to Hong Kong amid pro-democracy demonstrations that have brought the city to a standstill, in a troubling sign for the global hub of business and finance.

The company has “a ban on business travel to Hong Kong until October 6,” a spokesperson told AFP.

Hong Kong has been embroiled in protests this week as pro-democracy activists seek concessions from Beijing.


More Must-Read Stories From TIME

Contact us at

Read More From TIME
You May Also Like