Article: Daily Mail, London, business briefs column.

Daily Mail, London Knight Ridder/Tribune Business News

Oct. 23--HIGH OIL PRICES are posing a growing threat to the world economy, the head of the International Monetary Fund warned. Rodridgo Rato said: "The downside risks from oil have increased. We see a clear impact next year." The IMF has already admitted the oil rise will make its forecast of 4.3 percent global growth in 2005 out of date, but says it is too early to produce a new figure. Rato is on his way to visit Saudi Arabia to urge oil producers to invest more in boosting supplies.

READY MEAL MAKER Northern Foods has parted company with finance director Sean Christie, who has been with the ...

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