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I take it your inserting an image from the XOOPS imagemanager? One way of doing what you want is this, isert your image as normal then remove the [ img ][ /img ] tags and place the url of the image inside html tags:
<img src="http://yoursite.com/uploads/img1234.jpg" align="left" hspace="10" vspace="10">
The hspace="10" part makes the the text basically 10 pixels away from the image. you can change the attributes within the code to suit your own needs.
Remember to enable html when posting your news.
Hope this helps.
Michael Jackson = King Of Pop
Xoops = King Of CMS